50 & 200 Day EMA | Golden Crossover

Hey there!

Bringing to you stock ideas that are having a golden crossover (50 & 200 Day EMA) as of 11th October 🔥

When a stock’s shorter-term moving average crosses its longer-term moving average from below, it is considered an indication of momentum building.

A golden cross is a moving average indicator that occurs when the 50-day moving average crosses above the 200-day moving average. This is a bullish pattern indicating a buy signal. High trading volumes generally reinforce the indicator.

As a lagging indicator, a golden cross is identified only after the market has risen, which makes it seem reliable. However, as a result of the lag, it is also difficult to know when the signal is false until after the fact. Traders often use a golden cross to confirm a trend or signal in combination with other indicators.

Likewise, the death cross is a bearish pattern that occurs when the 50-day moving average trend crosses below the 200-day moving average.

Learn more about moving average trading strategies with our Momentum Trading Course by Mr. Khagesh Agarwal.

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