A popular trading technique involves timing the market through a crossover of a stock's moving averages. This involves a crossover of a stock's 50-Day and 200-Day Simple Moving Average (SMA).
A 50-Day SMA moving above the 200-Day SMA implies a buying signal, and vice versa. The logic here lies with technically predicting an upward trend in a stock's price right before one is about to occur, and these five companies fit the bill.
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Gold & Silver Anthem United Inc., formerly Turnberry Resources, is focused on building a precious metals producing company through the acquisition and development of silver and gold mineral assets. The Company is currently advancing the development, construction and operation of the 350 tonne per day Koricancha Mill in Peru.- Market Cap: $27,640,773
- 50-Day SMA: $0.42
- 200-Day SMA: $0.43
Legumex Walker Inc. (TSX: LWP) - $3.38
Fishing & Farming Legumex Walker Inc. is a Canada-based processor and merchandiser of pulses, special crops and canola products. The Company has operations in Canada, in the U.S. and in China. The Company's portfolio of products includes grades of pulses, including lentils, whole and split peas, edible beans and chickpeas, as well as other special crops, such as canary seed, flaxseeds, sunflower seed, and canola oil... Click here to continue reading about the 5 junior stocks...© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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