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Friday, June 28, 2013

Abnormal Price Movement Spotted In Shares Of (TSE: TXG.TO)

TSE (TSE: TXG): traded higher by 16.38% or $0.19/share to $1.35. In the past year, the shares have traded as low as $1.12 and as high as $2.29. On average, 1951500 shares of TXG.TO exchange hands on a given day and today's volume is recorded at 483301. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $1.51 area but be careful because the stock may face selling pressure at this level.