Workflow
Should You Buy Sierra Bancorp (BSRR) After Golden Cross?
BSRRSierra Bancorp(BSRR) zacks.com·2024-05-21 14:56

From a technical perspective, Sierra Bancorp (BSRR) is looking like an interesting pick, as it just reached a key level of support. BSRR'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 a longer-term mo ...