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Monday, July 15, 2013

Abnormal Volume Observed In Shares Of (TSE: TBE.TO)

TSE (TSE: TBE): fell by 16.25% or $-0.39/share to $2.01. In the past year, the shares have traded as low as $1.98 and as high as $3.02. On average, 1095330 shares of TBE.TO exchange hands on a given day and today's volume is recorded at 2802575. 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 $2.26 area but be careful because the stock may face selling pressure at this level.