Unusual Volume Spotted In (TSE: RON.TO)

TSE (TSE: RON): fell by 0.36% or $-0.04/share to $11.12. In the past year, the shares have traded as low as $9.25 and as high as $14.49. On average, 124276 shares of RON.TO exchange hands on a given day and today's volume is recorded at 543353. 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 $10.875 area.