Mississauga, ON -- (SBWIRE) -- 11/06/2017 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "With Royalties and Modeling in Hand, Guyana Stares Down All-Time Highs"
Companies mentioned in this article include Guyana Goldstrike Inc. (TSX-Venture:GYA)(OTC:GYNAF).
Article Excerpt:
For technical traders, Guyana Goldstrike Inc. (TSX-Venture:GYA)(OTC:GYNAF) made two important moves in October. For fundamental traders, the company had two significant developments. Cumulatively, the impact has been a strong movement in share price, climbing from a low of 17 cents early in the month to as high as 34 cents. To start the first full week of November, shares continue to show strength, touching 34 cents to get within sight of the all-time high at 35 cents set on May 2.
Technically, the stock price broke (and held) over its 50-day moving average on October 12, subsequently continuing the climb to eclipse the 200-day moving average two weeks later, moves technicians view as bullish. With the surge in price per share, the 50 DMA is now rising towards the 200 DMA, holding a trajectory that likely will result in a bullish "golden cross," a component of analysis where a shorter moving average rises over a longer one, emblematic of positive sentiment in the chart.
The full version of this article can be found at: http://www.allpennystocks.com/aps_ca/special-reports/804/with-royalties-and-modeling-in-hand-guyana-stares-down-all-time-highs.htm
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Note: AllPennyStocks.com has been compensated two thousand five hundred dollars from a third-party, FronTier Consulting for its efforts in presenting the GYA profile on its web site and distributing it to its database of subscribers as well as other services. For a complete disclaimer, investors are encouraged to click here: http://www.allpennystocks.com/SpotLight/20/guyana-goldstrike-inc-tsx-venturegya.htm.