HOC Crosses Below Key Moving Average Level
Written by: EnergyStockChannel.com
In trading on Monday, shares of Heritage Oil Corp (HOC.TO"> HOC.TO) crossed below their 200 day moving average of $2.99, changing hands as low as $2.80 per share. Heritage Oil Corp shares are currently trading down about 12.2% on the day. The chart below shows the one year performance of HOC shares, versus its 200 day moving average:
Looking at the chart above, HOC's low point in its 52 week range is $1.60 per share, with $3.42 as the 52 week high point — that compares with a last trade of $2.80.