The big drop happened on the 4th of April and the AGM was at the end of April.
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Yeah - had me puzzled for a moment or two
you need to brush up on your T/A
What is a Death Cross?
The death cross is a technical chart pattern indicating the potential for a major selloff. The death cross appears on a chart when a stock’s short-term moving average crosses below its long-term moving average
Amazing ... Thank You Master! I feel blessed with the bulls wisdom ... even if most analysts agree that the Cross of death is a lagging indicator - i.e. when you see it confirms that you are too late);
It is just - you clearly can't talk about he usually used MA50 and MA200 - i.e. what moving averages have you seen crossing today?
Im glad you recognised Master Bull.... but on a more serious note MA50 AND MA200 why do they have to be these? A death cross can be any multiple you like.
I prefer backtesting to see historically which multiples have performed best to work out the multiples I use for my dreaded death cross.
They don't have to. It is just one of these conventions. Makes communication with others easier if both sides use the same definition.
OK - So you say you call a crossing of other MA's then everybody else the cross of death. Makes life more complicated, but fine with me.
However - you still didn't reveal which MA's supposedly did cross today in this sinister way? I don't know - and it appears you don't either ...