A golden cross is when a shorter line on a graph goes above a longer one. This means people who buy and sell stocks think the price will go up, so they might buy more stocks. When this happens, the price of the stocks can go up quickly. The article talks about four companies that have this golden cross happening now or soon, which could mean their prices might go up a lot. Read from source...
- The article title is misleading and clickbaity. It claims that there are four golden crosses with double-digit upside ahead, but it does not provide any evidence or data to support this claim. It sounds like a promotional advertisement for some trading service rather than an informative analysis.
- The article is poorly structured and lacks coherence. It jumps from one topic to another without explaining the connection or providing context. For example, it starts with technical analysis of golden crosses, then suddenly switches to a company profile of Datasea, then Allot, then back to golden crosses, then Benzinga's tools and services, etc. It does not have a clear thesis statement or argument.
- The article uses vague and subjective terms like "double-digit upside", "convergence of markets", "high degree of commitment" without defining them or providing any measurable criteria or indicators. These terms are prone to interpretation and manipulation, and do not help the reader understand the underlying logic or reasoning behind the analysis.
- The article relies heavily on anecdotal evidence and opinions from various sources, such as Insider Trades, Jim Cramer, Best Stocks & ETFs, etc., without verifying their credibility or accuracy. These sources may have conflicts of interest, biases, or agendas that are not disclosed to the reader. The article does not provide any critical evaluation or comparison of these sources or their opinions.
- The article uses emotional language and appeals to the reader's greed and fear. For example, it uses words like "Win More", "Accelerated share price action", "Higher the degree of commitment", etc., to create a sense of urgency and excitement among the readers. It also warns the readers about the risks of missing out on the golden cross opportunities, or losing money by not following Benzinga's tools and services. The article does not provide any balanced or objective view of the market conditions, the potential challenges, or the limitations of technical analysis.
1. Datasea (NASDAQ:DTSS) - Buy with a target price of $8.50, upside potential of 64%. Datasea is a leading big data solutions provider that has recently announced impressive financial results and growth prospects. The stock has been trending higher in recent months, with the 30-day EMA crossing above the 200-day EMA on March 18th, indicating a golden cross. This technical pattern suggests that the stock is poised for further upside, as it reflects increasing investor interest and confidence in Datasea's growth story. The main risk to this investment recommendation is the volatility of the big data industry, which could be affected by changes in market demand or competitive pressures.