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BM Technologies, Inc. (BMTX) Just Flashed Golden Cross Signal: Do You Buy?
BMTXBM Technologies(BMTX) ZACKS·2024-06-11 14:56

There are three stages to a golden cross. First, there must be a downtrend in a stock's price that eventually bottoms out. Then, the stock's shorter moving average crosses over its longer moving average, triggering a positive trend reversal. The third stage is when a stock continues the upward momentum to higher prices. The bullish case only gets stronger once investors take into account BMTX's positive eamings outlook for the current quarter. There have been 1 upwards A golden cross is a technical chart pa ...