Should You Buy Byrna Technologies Inc. (BYRN) After Golden Cross?
BYRNByrna Technologies (BYRN) ZACKS·2024-09-09 22:56

After reaching an important support level, Byrna Technologies Inc. (BYRN) could be a good stock pick from a technical perspective. BYRN recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average. Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves ...