BNP Paribas SA (BNPQY) Just Flashed Golden Cross Signal: Do You Buy?

After reaching an important support level, BNP Paribas SA (BNPQY) could be a good stock pick from a technical perspective. BNPQY recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.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 a longer-term moving ...