Does the magic repeat as 50 EMA trying to cross 200 EMA?

50 EMA trying to cross 200 EMA is a bullish sign. Last time when it happened around May 20 2016, Repco ran from 635 to 900 in less than 3 months. Does the magic repeat?

Disc: Invested, sharing for educational purposes only and not a solicitation to buy or sell.

Сделка активна:

Repco Home is obliging to Golden Cross as indicated on 13th April. Lets see how far it can go. I am hoping for four figure at the least looking at the way HFCs are moving.

Disc: Invested, sharing for educational purposes only and not a solicitation to buy or sell.

Сделка активна:

Repco Home made an intraday all time high and closed at a new high with heavy volumes. Looking forward to new highs and four figure closing.

Disc: Invested, sharing for educational purposes only and not a solicitation to buy or sell.