Batm Advanced - A New Beginning

Stegrego,

I was not aware that BVC was showing a Golden Cross - been too busy with work and other stuff. I am certainly no expert when it comes to TA but I listen and appreciate the signals - and when short term trading often act on the signals. I do not trade BVC - I only invest in BVC - mainly becuase it is one of my medium/long term investments.

Your suggestion of BVC forming a Golden Cross is quite exciting because it is a serious bullish indicator IMHO.

Below may be of interest to peeps not so familar with the Golden Cross.



One of the ways that you use the moving average information is by following a rule called the Golden Cross and the Death Cross. Here is how it works. When prices begin a move up, the shorter term moving average will generally begin below the longer term moving average. So, the 50day MA will be below the 200day MA. As the price continues its ascent, the 50day MA will cross the 200day MA and continue above it until there is a change the the price action of the stock. The point at which the shorter term MA moves above the longer term MA is known as the Golden Cross, and is considered a buy point. Conversely, when the 50day MA crosses the 200day MA to the downside, it is known as the Death Cross, and is considered a sell point.