Phoenix Leisure Breaks Above 200-Day Moving Average - Bullish for PLS

In trading on Thursday, shares of Phoenix Leisure Corp (TSX: PLS.TO) crossed above their 200 day moving average of $2.51, changing hands as high as $2.57 per share. Phoenix Leisure Corp shares are currently trading up about 4.9% on the day. The chart below shows the one year performance of PLS shares, versus its 200 day moving average:

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Phoenix Leisure Corp 200 Day Moving Average Chart

Looking at the chart above, PLS's low point in its 52 week range is $1.52 per share, with $3.20 as the 52 week high point — that compares with a last trade of $2.56.

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