Rosetta Stone (RST): Golden Cross

Rosetta Stone (RST) just flashed a golden cross.

Rosetta Stone (RST)
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RST will be announcing their earnings in early May.

The bulls must be eyeing a major downtrend line that starts from the 2009 highs.

If the bulls can make a move that would be their first target area to test.

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.