First of all we have not yet made the Golden Cross although it is very close s your point does not apply Rexco. For DoubleDown the 200 EMA is not falling it has been running level for a while but has now risen above the 1.5 mark so it is likely that when the Golden Cross forms both averages will be rising.
It matters not to me who believes or does not believe in charting, the Japanese traders who created these charts in the 18th century knew what they were doing and it made them very wealthy indeed, check it out, it is all on record both in the Osaka Rice market and the Tokyo markets.
someone believes news is very imminent, hence these repeated sweepings-up of shares towards the close. Whether 'they' know any more than anyone else about the sale of assets and their timetable is moot however....still, a nice strong finish for a Friday.
So Celtic what you are saying is that despite the Golden Cross being the optimum sign for traders it has had no effect whatsoever on RRL trading which is down today even as the Golden Cross is being made.
Isn't this proof positive that RTN has been right all along when he says these tech traders are talking rubbish. If they were right this share would be sky rocketing.
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