NetApp (NTAP) just flashed a golden cross.
The green price bars showing outperformance vs. SPX.
It seems a key breakout area for NTAP is near the $45 level.
If NTAP pulls back and turns the $45 area into support will this help the bulls take it to the July highs?
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.