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Bullish Two Hundred Day Moving Average Cross - LINE

By Energy Stock Channel Staff, Friday, February 22, 4:40 PM ET
Play Video: Learn About The 200 DMA


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In trading on Friday, shares of Linn Energy LLC (NASDAQ:LINE) crossed above their 200 day moving average of $38.54, changing hands as high as $38.78 per share. Linn Energy LLC shares are currently trading up about 2.1% on the day. The chart below shows the one year performance of LINE shares, versus its 200 day moving average:

Linn Energy LLC 200 Day Moving Average Chart

Looking at the chart above, LINE's low point in its 52 week range is $34.27 per share, with $42.57 as the 52 week high point that compares with a last trade of $38.49.


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LINE makes up 1.50% of the Unconventional Oil & Gas ETF (AMEX:FRAK)


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