Virgin Media (VMED): Golden Cross

Virgin Media (VMED) just flashed a golden cross.

Virgin Media (VMED)
CLICK IMAGE TO VIEW AT FULL SIZE

This golden cross signal will need more confirmation very soon if the bulls can break the $26 area.

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.