After Golden Cross, Intercorp Financial Services Inc. (IFS)'s Technical Outlook is Bright
Intercorp Financial Services(IFS) ZACKS·2024-09-26 22:56
From a technical perspective, Intercorp Financial Services Inc. (IFS) is looking like an interesting pick, as it just reached a key level of support. IFS'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. 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 t ...