Textbook golden cross formation with volume afterwards to back it up
Golden Cross 3 stages:
1. Downtrend bottoms out
2. Shorter moving average crosses longer moving average (50 day crosses 200 day from below)
3. Continuing an uptrend to higher prices
I hope this doesn't happen but keep an eye for the right shoulder.
The CEO, Garcia has also been doing a lot of selling since September. He stopped the selling since Oct 17th. Let's see if the pressure been lift off.