DSG Global Inc (OTCMKTS:DSGT) Stock Sees Double Digits Rally: Buy It or Sell It?

It is almost always a good move to take a look at some of the gainers on Friday before the start of a new trading week and hence, it could be worthwhile to take a look at the DSG Global Inc (OTCMKTS:DSGT) stock.

This past Friday, the DSG Global stock was on the move and managed to clock gains of as much as 21%. While that may be the case, it is also necessary to note that there was no news regarding the company that might have resulted in such a rally.

As a matter of fact, the last important development regarding the company was back in April when DSG Global announced that it had signed the lease agreement for its very first manufacturing facility in North America. It is a significant development for DSG Global since the facility is going to be used for the manufacturing of its Pacer Single Rider Gold Cart. Additionally, it will also be used for assembling vehicles for the wider electric vehicle industry.

Technical Indicators

CCI2047.0049NeutralChaikin Money Flow0.0552Buy
MACD-0.0391SellMoney Flow Index48.4522Buy
STOCH (14,3)81.7308OverBoughtSTOCH RSI1.0000OverBought
UO54.7811SellWilliams %R-18.2692OverBought

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