HOC Makes Notable Cross Below Critical Moving Average

In trading on Wednesday, shares of Heritage Oil Corp (TSX: HOC.TO) crossed below their 200 day moving average of $2.91, changing hands as low as $2.63 per share. Heritage Oil Corp shares are currently trading down about 8.2% on the day. The chart below shows the one year performance of HOC shares, versus its 200 day moving average:

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Heritage Oil Corp 200 Day Moving Average Chart

Looking at the chart above, HOC's low point in its 52 week range is $2.15 per share, with $3.35 as the 52 week high point — that compares with a last trade of $2.70.

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