Pierre has been plotting the price behaviour of QLT using a 100-day moving average.

Vendor: CSI
Product: CSC2
Update on: Jul 6, 2026
Questions: 232

CSI CSC2 Question Answer

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?

Buy put option on QLT shares

Sell QLT shares

Buy QLT shares

Sell call option on QLT shares