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Thursday, March 29, 2012

Significant Volume Found - (TSE: BLS.TO)

Boliden AB (TSE: BLS): traded higher by 5.17% or $0.75/share to $15.25. In the past year, the shares have traded as low as $10.05 and as high as $21.50. On average, 179 shares of BLS.TO exchange hands on a given day and today's volume is recorded at 500. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $16.59 represents resistance and the 200-day moving average of $14.89 would be an area of support.