Market News / Story
Meta’s golden cross is back, and history likes what comes next
Seeking Alpha ·
Seeking Alpha reports: Meta Platforms triggered its seventh golden cross on Tuesday, according to Bluekurtic Market Insights, whose historical screen tracks signals after the 50-day moving average has remained below the 200-day average for at least 21 trading days. The table showed seven cases, including the latest signal, leaving six completed historical observations. Meta was higher one month after all six, a 100% positive rate, although the sample is small. The average one-month gain was…