Wynn Resorts (WYNN) just flashed a golden cross.
Today WYNN announced: Wynn Macau gets OK for Cotai casino
With bullish news like this lining up with golden cross signal traders will be watching carefully.
Will the bulls be buying up the dips?
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.