Long
TSX:GUY Resistance Breakout BUY
Guyana Goldfields has just broken through it's February and March Resistance.The breakout occurring at the bottom of the recent channel along with the DMI/ ADX pattern seems to indicate that a continued upward move is likely.
The pattern will fail if a closing price goes lower than the recent channel.
The pattern will fail if a closing price goes lower than the recent channel.
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