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Re: key bullish technical stat

Posted by: Stock4me on July 01, 2008 01:11PM

In response to: Re: key bullish technical stat by Vegasboy

While I do agree that the 50-200 day moving averages crossing is a key technical stat, the unfortunate thing is for the last 2 weeks the daily price has been fluctuating between the 50 day and 200 day averages which means both are flattening and are running parallel. We'll need to see the daily climb some more to move the 50 day average higher and cross the 200 day average. it'll happen.

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