NexPoint (NREF)'s Technical Outlook is Bright After Key Golden Cross
NexPoint Real Estate Finance(NREF) ZACKS·2024-08-30 22:55
After reaching an important support level, NexPoint Real Estate Finance, Inc. (NREF) could be a good stock pick from a technical perspective. NREF recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average. 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 ...