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Stock impact report

Should You Buy AMN Healthcare Services (AMN) After Golden Cross? [Yahoo! Finance]

AMN Healthcare Services Inc AMN Healthcare Services Inc (AMN) 
Last amn healthcare services inc amn healthcare services inc earnings: 2/13 04:15 pm Check Earnings Report
US:NYSE Investor Relations: amnhealthcare.investorroom.com
Company Research Source: Yahoo! Finance
AMN Healthcare Services Inc (AMN) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, AMN's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross." A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common moving averages being the 50-day and the 200-day, since bigger time periods tend to form stronger breakouts. There are three stages to a golden cross. First, there must be a downtrend in a stock's price that eventually bottoms out. Then, the stock's shorter moving average crosses over its longer moving average, triggering a positive trend reversal. The third stage is when a stock continues the upward momentum to higher prices. A golden cross is the opposite of a death cross, another techn Show less Read more
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