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0 0.00152691808823297 -0.00832416635197924 -0.0215574564499975 -0.0214753640796624 -0.00421954783522413 -0.00832416635197924 -0.00339862413187314
Stock impact report

Should You Buy GeoVax Labs Inc. (GOVX) After Golden Cross? [Yahoo! Finance]

GeoVax Labs, Inc. (GOVX) 
NASDAQ:AMEX Investor Relations: geovax.com/contact-geovax.html
Company Research Source: Yahoo! Finance
GOVX recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average. Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves the 50-day and the 200-day, since bigger time periods tend to form stronger breakouts. A successful golden cross event has three stages. It first begins when a stock's price on the decline bottoms out. Then, its shorter moving average crosses above its longer moving average, triggering a positive trend reversal. The third and final phase occurs when the stock maintains its upward momentum. A golden cross is the opposite of a death cross, another technical event that indicates bearish price movement may be on the horizon. Over the past four weeks, GOVX has gained 187%. The company currently sits at a #2 Show less Read more
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