HOC Crosses Below Key Moving Average Level

In trading on Thursday, shares of Heritage Oil Corp (TSX: HOC.TO) crossed below their 200 day moving average of $2.90, changing hands as low as $2.85 per share. Heritage Oil Corp shares are currently trading off about 5% 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 $2.85.
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Notable Two Hundred Day Moving Average Cross - CDZI