RDL Crosses Below Key Moving Average Level

In trading on Tuesday, shares of Redline Communications Group Inc (TSX: RDL.TO) crossed below their 200 day moving average of $3.02, changing hands as low as $3.01 per share. Redline Communications Group Inc shares are currently trading off about 1% on the day. The chart below shows the one year performance of RDL shares, versus its 200 day moving average:

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Redline Communications Group Inc 200 Day Moving Average Chart

Looking at the chart above, RDL's low point in its 52 week range is $2.00 per share, with $5.30 as the 52 week high point — that compares with a last trade of $3.01.

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