Gol Linhas Breaks Above 200-Day Moving Average - Bullish For GOL

In trading on Thursday, shares of Gol Linhas Aereas Inteligentes SA ( GOL) crossed above their 200 day moving average of $6.27, changing hands as high as $6.37 per share. Gol Linhas Aereas Inteligentes SA shares are currently trading up about 9.5% on the day. The chart below shows the one year performance of GOL shares, versus its 200 day moving average:

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Gol Linhas Aereas Inteligentes SA 200 Day Moving Average Chart

Looking at the chart above, GOL's low point in its 52 week range is $3.77 per share, with $7.67 as the 52 week high point — that compares with a last trade of $6.37.

According to the ETF Finder at ETF Channel, GOL makes up 1.72% of the Brazil Consumer ETF ( BRAQ) which is trading lower by about 0.6% on the day Thursday.
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