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Friday, March 23, 2012

Significant Volume Spotted In Shares Of (TSE: EXT.TO)

Extract Resources Limited (TSE: EXT): traded higher by 3.39% or $0.29/share to $8.84. In the past year, the shares have traded as low as $5.96 and as high as $9.46. On average, 1231 shares of EXT.TO exchange hands on a given day and today's volume is recorded at 1800. 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 $8.90 represents resistance and the 200-day moving average of $8.53 would be an area of support.