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Friday, June 28, 2013

Unique Volume Encountered In (TSE: RET.TO)

TSE (TSE: RET): remained unchanged at $8.05. In the past year, the shares have traded as low as $7.77 and as high as $13.21. On average, 15061 shares of RET.TO exchange hands on a given day and today's volume is recorded at 98471. 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 $8.45 area but be careful because the stock may face selling pressure at this level.