When Is the Last Time Amazon's Stock Experienced a Golden Cross?
While a lot of the business of investing involves looking at a company's business model, financials, and other fundamentals, there are also a lot of investors that focus on the technical aspects of a stock chart in order to determine whether to buy a stock.
This often involves analyzing different moving price averages of a stock and looking for signals that indicate a buying opportunity is near.
One of those signals is called the golden cross. To show an example of how this signal works, let's use the very popular tech and e-commerce stock Amazon (NASDAQ: AMZN) and look at the last time Amazon's stock experienced a golden cross.
Source Fool.com
