Should You Buy 89BIO (ETNB) After Golden Cross?
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89BIO (ETNB) has experienced a 'golden cross' as its 50-day moving average surpassed its 200-day moving average, indicating potential bullish momentum.
February 20, 2025 | 4:00 pm
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89BIO (ETNB) has reached a 'golden cross', a bullish technical indicator, as its 50-day moving average crossed above the 200-day moving average.
The 'golden cross' is a well-known bullish signal in technical analysis, suggesting potential upward momentum for ETNB. This could attract more investors and traders, potentially driving the stock price higher in the short term.
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