Tree Island Steel (TSL) Shares Cross Above 200 DMA

In trading on Tuesday, shares of Tree Island Steel Ltd. (TSX: TSL.TO) crossed above their 200 day moving average of $1.87, changing hands as high as $1.90 per share. Tree Island Steel Ltd. shares are currently trading up about 2.7% on the day. The chart below shows the one year performance of TSL shares, versus its 200 day moving average:

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Tree Island Steel Ltd. 200 Day Moving Average Chart

Looking at the chart above, TSL's low point in its 52 week range is $1.61 per share, with $2.38 as the 52 week high point — that compares with a last trade of $1.93.

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