Legacy Oil + Gas Breaks Above 200-Day Moving Average - Bullish for LEG

In trading on Tuesday, shares of Legacy Oil + Gas Inc (TSX: LEG.TO) crossed above their 200 day moving average of $6.03, changing hands as high as $6.10 per share. Legacy Oil + Gas Inc shares are currently trading up about 3.8% on the day. The chart below shows the one year performance of LEG shares, versus its 200 day moving average:

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Legacy Oil + Gas Inc 200 Day Moving Average Chart

Looking at the chart above, LEG's low point in its 52 week range is $4.81 per share, with $7.40 as the 52 week high point — that compares with a last trade of $6.09.

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