WED Makes Bullish Cross Above Critical Moving Average

In trading on Friday, shares of Westaim Corp. (TSXV: WED.TO) crossed above their 200 day moving average of $2.63, changing hands as high as $2.66 per share. Westaim Corp. shares are currently trading up about 4.3% on the day. The chart below shows the one year performance of WED shares, versus its 200 day moving average:

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Westaim Corp.  200 Day Moving Average Chart

Looking at the chart above, WED's low point in its 52 week range is $2.10 per share, with $2.96 as the 52 week high point — that compares with a last trade of $2.65.

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