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Message: Warning.

Early in June, I warned you about the chart “Death Cross” pattern, following week SP fell from $25 to $ 19.

 Now I have good news , the LAC chart is forming a Golden Cross.

  • A golden cross is a technical chart pattern indicating the potential for a major rally.
  • The golden cross appears on a chart when a stock’s short-term moving average crosses above its long-term moving average.
  •  In our case it is 50MA crosses 200 MA. This is an extremely bullish indicator!
  •  This pattern most likely will happen Monday. Following the next few trading days, we can expect SP to propel to the $34-$36 range, barring another stock market crash of cause.
  •  All ahead.
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