SIA Charts Daily Stock Report (siacharts.com)
Bank of Montreal (BMO.TO) October 30, 2012 - Bank of Montreal (BMO.TO) currently is in the Unfavored zone of the SIA S&P/TSX 60 Report has not been in the buy zone in more than two years with sideways movement. BMO.TO is a prime example of the failure of buy and hold without reallocating to strength and possible missing other opportunities like NA.TO which was up 40% over the same time period.
Resistance is at the top of the channel at $60.04 while support is found at $54,38 and in the range of $51-$52 at the bottom of the channel.
Green - Favoured Zone
Yellow - Neutral Zone
Red - Out of Favour Zone
(click to enlarge)
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