Bullish Two Hundred Day Moving Average Cross - SQP

In trading on Thursday, shares of Strongco Corp. (TSX: SQP.TO) crossed above their 200 day moving average of $4.40, changing hands as high as $4.43 per share. Strongco Corp. shares are currently trading up about 5.5% on the day. The chart below shows the one year performance of SQP shares, versus its 200 day moving average:

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Strongco Corp. 200 Day Moving Average Chart

Looking at the chart above, SQP's low point in its 52 week range is $3.21 per share, with $5.88 as the 52 week high point — that compares with a last trade of $4.43.
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