SiteOne Landscape (SITE)'s Technical Outlook is Bright After Key Golden Cross

From a technical perspective, SiteOne Landscape Supply, Inc. (SITE) is looking like an interesting pick, as it just reached a key level of support. SITE's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the ...