TBE Makes Bullish Cross Above Critical Moving Average

In trading on Thursday, shares of Twin Butte Energy Ltd (TSX: TBE.TO) crossed above their 200 day moving average of $2.19, changing hands as high as $2.21 per share. Twin Butte Energy Ltd shares are currently trading up about 7.8% on the day. The chart below shows the one year performance of TBE shares, versus its 200 day moving average:

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Twin Butte Energy Ltd 200 Day Moving Average Chart

Looking at the chart above, TBE's low point in its 52 week range is $1.60 per share, with $3.02 as the 52 week high point — that compares with a last trade of $2.19.
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