the 50 day MA just crossed the 200. i know this can be bullish, but wondering the confidence i should place in this indicator?
The "Golden Cross" is a bullish indicator but only if it is confirmed. I guess we will have that answer in a few days. Right now, I don't have much faith in it. That could all change after earnings next week.
oh, thats right. i should have waited. i actually bought yesterday late at 7.12. i am in previously at 9.61.
today's action disappointing given the overall market and the potential significance of an up day from a tech perspective.