Linear Technology (LLTC): Golden Cross

Linear Technology (LLTC) just flashed a golden cross.

Linear Technology (LLTC)

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The green price bars indicate outperformance relative to the S&P 500 Index.

LLTC trying to breakout. Let’s see if it can take out the May highs.

For Reference

The golden cross (technical formation when the 50-day moving average rises above 200-day) can be used as a filter to help narrow down the field. Next, use the Seven Steps to Better Stock Trading to evaluate the sentiment and price action. Better yet, sign up for The Select 20 Stock Picks or use my free Total Indicator for eSignal.