Lucara Diamond Breaks Above 200-Day Moving Average - Bullish for LUC

In trading on Monday, shares of Lucara Diamond Corp (TSX: LUC.TO) crossed above their 200 day moving average of $2.11, changing hands as high as $2.12 per share. Lucara Diamond Corp shares are currently trading up about 1.9% on the day. The chart below shows the one year performance of LUC shares, versus its 200 day moving average:

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Lucara Diamond Corp 200 Day Moving Average Chart

Looking at the chart above, LUC's low point in its 52 week range is $1.60 per share, with $2.88 as the 52 week high point — that compares with a last trade of $2.11.

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