MATL Makes Bullish Cross Above Critical Moving Average

Posted on July 19, 2012 at 15:54 PM EDT

In trading on Thursday, shares of the Daily Basic Materials Bull 3x Shares ETF (MATL) crossed above their 200 day moving average of $25.26, changing hands as high as $25.41 per share. Daily Basic Materials Bull 3x Shares shares are currently trading up about 2.9% on the day.

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