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Strategic Oil & Gas Breaks Above 200-Day Moving Average - Bullish For SOG

In trading on Thursday, shares of Strategic Oil & Gas Ltd (SOG.TO"> SOG.TO) crossed above their 200 day moving average of $1.07, changing hands as high as $1.12 per share. Strategic Oil & Gas Ltd shares are currently trading up about 6.7% on the day. The chart below shows the one year performance of SOG shares, versus its 200 day moving average:

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

Strategic Oil & Gas Ltd 200 Day Moving Average Chart

Looking at the chart above, SOG's low point in its 52 week range is $0.46 per share, with $1.45 as the 52 week high point — that compares with a last trade of $1.12.