MTL Makes Bullish Cross Above Critical Moving Average

In trading on Tuesday, shares of Mullen Group Ltd. (TSX: MTL.TO) crossed above their 200 day moving average of $28.47, changing hands as high as $28.50 per share. Mullen Group Ltd. shares are currently trading up about 1.9% on the day. The chart below shows the one year performance of MTL shares, versus its 200 day moving average:

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Mullen Group Ltd. 200 Day Moving Average Chart

Looking at the chart above, MTL's low point in its 52 week range is $24.30 per share, with $31.34 as the 52 week high point — that compares with a last trade of $28.47.

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