Golden Cross - Bullish ISATL (Inmarsat)
How long will the bullish trend last? I wouldn't have sold as early as I did, if I knew about the "Golden Cross". I just recently learned about it. :-)
A Golden Cross occurs when the faster moving average (50day) goes above the slower moving average (200day), which is a good indicator to enter a long trade. A bullish Golden Cross (or Death Cross) is the opposite when a slower moving average (200day) goes below the faster moving average (50day), which is a good indicator to exit the trade.
Any recommendations or tips on how to determine a good entry point with a moving average?
Thanks,
Pat
A Golden Cross occurs when the faster moving average (50day) goes above the slower moving average (200day), which is a good indicator to enter a long trade. A bullish Golden Cross (or Death Cross) is the opposite when a slower moving average (200day) goes below the faster moving average (50day), which is a good indicator to exit the trade.
Any recommendations or tips on how to determine a good entry point with a moving average?
Thanks,
Pat
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.