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Message: Golden Cross.

Good news from Argentina this morning. Additional 20 KTA is always welcome .

I also want to warned about charting condition called ColdenCross. It is very bullish sign and majority of traders well aware of it , so next week as Golden Cross about to happen they will join the ride and buy LAC shares.

"The golden cross occurs when a short-term moving average crosses over a major long-term moving average to the upside and is interpreted by analysts and traders as signaling a definitive upward turn in a market. ... Basically, the short-term average trends up faster than the long-term average, until they cross." 

In our case it is 50 SMA will cross 200 SMA sometimes next week.  It's very good for LAC SP. 

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May 28, 2021 08:27AM
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