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These stocks are on the verge of forming a bullish chart pattern

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cnbc.com/2023/06/19/these-stocks-are-on-the-verge-of-forming-a-bullish-chart-pattern-.html

The market just enjoyed a big relief rally and some stocks are on the verge of breaking out even higher, according to a bullish chart pattern. CNBC Pro used FactSet data to screen the S & P 500 for stocks that are about to form a so-called "golden cross," in which their 50-day moving average breaks above the 200-day trend line. This has been a reliable bullish signal that…

This story from cnbc.com was posted on 2023-06-20 by @sunbeam.

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