Canada TSX 60 Stock trading strategy (Ideas)
[Market List]
Meaning of terms :
▷ BUY the Dip : The current price is higher than the entry price. Buy when price drops to/below the entry price.
▷ BUY the Breakout : The current price is lower than the entry price. Buy when price breaks upward through the entry price. ( When price moves above the entry price level.)
▷ SELL the Bounce : The current price is lower than the entry price. Sell when price rebounds to/above the entry price.
▷ SELL the Breakdown : The current price is higher than the entry price. Sell when price breaks downward through the entry price. (When price moves below the entry price level.)
TSX = Toronto Stock Exchange. TMX = Montréal Exchange. Currency: Canadian dollar (CAD). S&P/TSX 60 Index symbol - Yahoo: TX60.TS, Google: OSP60, Marketwatch: SPTSE. Including 60 large companies listed on the Toronto Stock Exchange (TSX). Designed to represent leading companies in leading industries. Market Capitalization: Larger companies, as measured by the float adjusted market capitalization, are considered for the S&P/TSX 60 Index. A company's float adjusted market capitalization is calculated by removing control blocks of 10% or more. Maintained by the Canadian S&P Index Committee, a unit of Standard & Poor's.