Bullish Two Hundred Day Moving Average Cross - RFC

In trading on Friday, shares of Rifco Inc (TSXV: RFC.TO) crossed above their 200 day moving average of $5.54, changing hands as high as $5.55 per share. Rifco Inc shares are currently trading up about 8.8% on the day. The chart below shows the one year performance of RFC shares, versus its 200 day moving average:

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Rifco Inc 200 Day Moving Average Chart

Looking at the chart above, RFC's low point in its 52 week range is $3.70 per share, with $7.20 as the 52 week high point — that compares with a last trade of $5.52.

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