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BIOLASE, Inc. Message Board

  • simonig simonig Jan 25, 2013 7:01 PM Flag

    From a TA perspective the stock is acting well. We have a "Golden Cross"

    Note that for the first time in a long time the 50 day moving average (50dMA) has broken above the 200dMA. This is the "golden cross" and a very good sign of things to come. I'm not one to make my investments based on TA. I instead make my investment decisions based on the fundamentals of the company. However, I do look at the TA in order to execute my buy (and sell) orders after I have decided that the company is a good investment. I like it when the TA shows a turnaround is in progress.

1.06-0.11(-9.40%)11:47 AMEDT