Bullish Two Hundred Day Moving Average Cross - TGL

In trading on Friday, shares of Transglobe Energy Corporation (TSX: TGL.TO) crossed above their 200 day moving average of $8.08, changing hands as high as $8.22 per share. Transglobe Energy Corporation shares are currently trading up about 3.8% on the day. The chart below shows the one year performance of TGL shares, versus its 200 day moving average:

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Transglobe Energy Corporation 200 Day Moving Average Chart

Looking at the chart above, TGL's low point in its 52 week range is $5.82 per share, with $10.09 as the 52 week high point — that compares with a last trade of $8.19.

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