NWS News: News Corp. (NWSA) Now Trades Above Golden Cross: Time to Buy? - 7th Jun 2023, 11:55pm

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From a technical perspective, News Corporation (NWSA) is looking like an interesting pick, as it just reached a key level of support. NWSA's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.

There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a...

>>> Read more: News Corp. (NWSA) Now Trades Above Golden Cross: Time to Buy?
 
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