Unusual Volume Spotted In Shares Of (TSE: WEF.TO)

TSE (TSE: WEF): traded higher by 8.59% or $0.11/share to $1.39. In the past year, the shares have traded as low as $0.80 and as high as $1.49. On average, 365010 shares of WEF.TO exchange hands on a given day and today's volume is recorded at 621222. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $1.3256 area.