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Thursday, March 29, 2012

Notable Volume Found - (TSE: GC.TO)

Great Canadian Gaming Corporation (TSE: GC): traded higher by 1.85% or $0.15/share to $8.25. In the past year, the shares have traded as low as $6.97 and as high as $9.28. On average, 152257 shares of GC.TO exchange hands on a given day and today's volume is recorded at 1259710. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $8.32 area where the stock may encounter resistance.