{"id":52455,"date":"2012-02-01T17:09:23","date_gmt":"2012-02-01T11:39:23","guid":{"rendered":"index.php\/2012\/02\/01\/spotted-some-golden-crossings\/"},"modified":"2012-02-01T17:09:23","modified_gmt":"2012-02-01T11:39:23","slug":"spotted-some-golden-crossings","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2012\/02\/01\/spotted-some-golden-crossings\/","title":{"rendered":"Spotted: Some Golden Crossings!"},"content":{"rendered":"
\"golden<\/a> <\/p>\n

Image by origamidon<\/a> via Flickr<\/p>\n<\/div>\n

The January rally has sprouted some Golden Crosses that investors should take note. A Golden Cross is when the 50-day moving average edges atop its 200-day moving average. It indicates that the intermediate-term uptrend has overtaken the longer-term trend. Here are some stocks that formed the Golden Cross the past month: CAIRN<\/a>, PIRHEALTH<\/a>, TATACOMM<\/a>, WIPRO<\/a>.<\/p>\n

The GC marks the spot when a bounce within a bear market transitions to a bull market. All sustained bull markets, by definition, come with the 50 DMA above the 200 DMA.<\/p>\n

It looks like the NIFTY<\/a> has some ways to go before the cross, so its not time yet to break out the champagne. However, Hang Seng index<\/a> (tracked by the HNGSNGBEES<\/a>) seems to have crossed over to the bull camp.<\/p>\n

Go Bulls!<\/p>\n

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