Plains All American Pipeline (PAA) Now Trades Above Golden Cross: Time to Buy?

From a technical perspective, Plains All American Pipeline, L.P. (PAA) is looking like an interesting pick, as it just reached a key level of support. PAA'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.There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above ...