Should You Buy Sierra Bancorp (BSRR) After Golden Cross?

Core Viewpoint - Sierra Bancorp (BSRR) is showing potential for a bullish breakout as it has reached a key support level and experienced a "golden cross" in its moving averages [1][2]. Technical Indicators - BSRR's 50-day simple moving average has crossed above its 200-day simple moving average, indicating a bullish trend [1][2]. - A golden cross is typically seen as a strong bullish signal, suggesting that a breakout may be imminent [2]. Market Performance - BSRR has moved 15.6% higher over the last four weeks, indicating positive momentum [4]. - The company currently holds a 3 (Hold) rating on the Zacks Rank, reflecting a neutral outlook [4]. Earnings Outlook - There have been three upward revisions in earnings estimates for BSRR over the past 60 days, with no downward revisions, suggesting a positive earnings outlook for the current quarter [4]. - The Zacks Consensus Estimate for BSRR has also increased, further strengthening the bullish case for the stock [4]. Investment Consideration - Investors are encouraged to consider adding BSRR to their watchlist due to the significant technical indicators and positive earnings revisions [5].