Golden Cross

When the 50 day moving average crosses above the 200 day moving average, it is called a Resurrection Cross. Conversely, when the 50 day moving average crosses below the 200 day moving average, it is called a Death Cross.

The Resurrection Cross is a powerful chart pattern that demonstrates the power of rebirth and resilience. This chart pattern displays the cyclical nature of the markets, effectively showing how past losses can be overcome and gains can be made. It is a powerful symbol of hope and inspiration that can be used to motivate traders to continue pushing forward, no matter what the market throws at them.

The Power of the Resurrection Cross

The Resurrection Cross is a highly potent chart pattern that symbolizes the power of rebirth and resilience in stock markets. This powerful chart pattern appears when two downward trending lines, or ‘death crosses’, intersect, forming a cross. This cross then rises, forming an upward trend that represents the possibility of gains, even after losses have occurred. The most common time frames of a Resurrection Cross is the 50 day moving average and the 200 day moving average. When the 50 day moving average crosses above the 200 day moving average, it is called a Resurrection Cross. Conversely, when the 50 day moving average crosses below the 200 day moving average, it is called a Death Cross. This chart pattern is a powerful visual representation of the cyclical nature of stock markets.

Ast Spacemobile stock chart on June 11, 2024, with a Resurrection Cross pattern. The blue line is the 50 day moving average while the red line is the 200 day moving average.

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This content is provided for informational purposes only and does not constitute financial, investment, tax or legal advice or a recommendation to buy any security or other financial asset. The content is general in nature and does not reflect any individual’s unique personal circumstances. The above content might not be suitable for your particular circumstances. Before making any financial decisions, you should strongly consider seeking advice from your own financial or investment advisor.