CFX Makes Notable Cross Below Critical Moving Average

In trading on Wednesday, shares of Canfor Pulp Products Inc (TSX: CFX.TO) crossed below their 200 day moving average of $9.73, changing hands as low as $9.59 per share. Canfor Pulp Products Inc shares are currently trading down about 2% on the day. The chart below shows the one year performance of CFX shares, versus its 200 day moving average:

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Canfor Pulp Products Inc 200 Day Moving Average Chart

Looking at the chart above, CFX's low point in its 52 week range is $7.60 per share, with $12.00 as the 52 week high point — that compares with a last trade of $10.60.
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