Three stocks including McDonald's have formed the bullish 'golden cross' stock pattern during market breakout
- Posted on September 24, 2024
- By CNBC
- 2 Views
Three stocks including McDonald's have formed the bullish 'golden cross' stock pattern during market breakout
The "golden cross" pattern occurs when an asset's 50-day moving average rises above the longer-term 200-day moving average, signaling a potential rally ahead.
