TXL Makes Bullish Cross Above Critical Moving Average

In trading on Monday, shares of Tesla Exploration Ltd. (TSX: TXL.TO) crossed above their 200 day moving average of $2.65, changing hands as high as $2.66 per share. Tesla Exploration Ltd. shares are currently trading trading flat on the day. The chart below shows the one year performance of TXL shares, versus its 200 day moving average:

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Tesla Exploration Ltd. 200 Day Moving Average Chart

Looking at the chart above, TXL's low point in its 52 week range is $2.00 per share, with $3.00 as the 52 week high point — that compares with a last trade of $2.50.

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