Thursday, October 20, 2016 1:39:01 PM
PLI.TO ProMetic Life on the TSX.
This chart is looking promising.
When I first started using TA there were very limited software options available online. Many of us started with simple Moving Averages because they were relatively easy to calculate and were available. The best scenario was when the 20 was above the 50 and the 50 was above the 200. Just as it is in the PLI chart on this date.
I should note that although it doesn't show here, there will be resistance at about 3.50 to 3.60
This chart is looking promising.
When I first started using TA there were very limited software options available online. Many of us started with simple Moving Averages because they were relatively easy to calculate and were available. The best scenario was when the 20 was above the 50 and the 50 was above the 200. Just as it is in the PLI chart on this date.
I should note that although it doesn't show here, there will be resistance at about 3.50 to 3.60
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