Carpenter Technology Just Flashed Golden Cross Signal: Do You Buy?

From a technical perspective, Carpenter Technology (NYSE: CRS) is looking like an interesting pick, as it just reached a key level of support. CRS recently overtook the 20-day moving average, and this suggests a short-term bullish trend.

The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since ...