CSC2 practice question 6 of 25
Pierre has been plotting the price behaviour of QLT using a 100-day moving average. The 100-day moving average line has been above the daily market…
Choose your answer, then check it against the explanation.
Pierre has been plotting the price behaviour of QLT using a 100-day moving average. The 100-day
moving average line has been above the daily market price for several weeks. However, the price of
QLT broke through the moving average line with heavy trading volume, and the moving average line
is moving higher. What action should Pierre take based on this information?
Question 6 of 25
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