EZCORP (EZPW) just flashed a golden cross.
The green price bars showing outperformance vs. SPX.
Will the August 2011 swing highs turn into both a target area and resistance for the bulls?
Another player in the pawn industry First Cash Financial Services (FCFS) recently had a golden cross and now is possibly forming a bull flag.
The golden cross (technical formation when the 50-day moving average rises above 200-day) can be used as a filter to help narrow down the field. Next, use the Seven Steps to Better Stock Trading to evaluate the sentiment and price action. Better yet, sign up for The Select 20 Stock Picks or use my free Total Indicator for eSignal.