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Stock impact report

Great Southern Bancorp (GSBC)'s Technical Outlook is Bright After Key Golden Cross [Yahoo! Finance]

Great Southern Bancorp, Inc. (GSBC) 
Last great southern bancorp, inc. earnings: 4/20 07:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
GSBC's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world. 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, GSBC has gained 5.9%. The company currently sits at a #3 (Hol Show less Read more
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