🌟🌟🌟A good example of a Golden Cross occurred for
$Rocket Lab USA, Inc.(RKLB)$ around July 2024, where its 50 day SMA crossed above its 200 day SMA.
This technical indicator confirmed a major shift in investor sentiment from bearish to strongly bullish. Short term buying pressure was now dominant and likely to persist.
This event in Rocket Lab's history highlights how a Golden Cross can act as a powerful confirmation signal for a new sustained uptrend in a growth stock , validating the fundamental story with strong technical indicators.
@Tiger_chat @Tiger_comments @TigerStars @TigerClub @CaptainTiger @Tiger_SG
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