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TXL Makes Notable Cross Below Critical Moving Average

In trading on Tuesday, shares of Tesla Exploration Ltd. (TXL.TO"> TXL.TO) crossed below their 200 day moving average of $2.66, changing hands as low as $2.51 per share. Tesla Exploration Ltd. shares are currently trading down about 10% on the day. The chart below shows the one year performance of TXL shares, versus its 200 day moving average:

Click here to find out which 9 other Canadian stocks recently crossed below their 200 day moving average »

Tesla Exploration Ltd. 200 Day Moving Average Chart

Looking at the chart above, TXL's low point in its 52 week range is $2.00 per share, with $3.10 as the 52 week high point — that compares with a last trade of $2.70.