iShares MSCI Austria (EWO): Golden Cross

iShares MSCI Austria (EWO) just flashed a golden cross.

iShares MSCI Austria (EWO)
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It seems the $17 has been a strong resistance area since February.

Can the bulls break this area soon?

For Reference

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.