Brookfield Renewable Corporation (BEPC)'s Technical Outlook is Bright After Key Golden Cross
Brookfield Renewable (BEPC) zacks.com·2024-05-29 22:56
Brookfield Renewable Corporation (BEPC) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, BEPC's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross."There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term moving ...