Buy, Sell, Or Hold? DSG Global Inc (OTCMKTS:DSGT)

DSG Global Inc (OTCMKTS:DSGT) announced this morning that it is going to host a grand opening of Imperial Motors on June 18 and 19, 2021. At the event, a wide range of electric vehicles starting from cars and vans to trucks and SUVs are going to be unveiled.

The event is going to be held at the Experience Center which is located in Fairfield, California. The announcement has created considerable excitement about the DSG Global stock this morning and led to gains of 3% so far.

Last week the company had announced that many new electric vehicle models were arriving and many of those models are going to be showcased to the public at this grand opening. At this grand opening, there are going to be press coverage and interviews, in addition to giveaways, food and beverage. The prospect of the event seems to have come as a boost to the stock as well and up until the day of the event the price action in the DSG Global stock is going to be interesting to track.

Technical Indicators

CCI2064.3856BuyChaikin Money Flow0.0282Neutral
MACD-0.0290SellMoney Flow Index47.6279Sell
STOCH (14,3)44.9315NeutralSTOCH RSI0.6879Neutral
UO42.9901SellWilliams %R-55.0685Neutral

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