DGSB (Not Rated). Yesterday, DGSB’s share price rallied a good 3.5 sen (41.2%) to finish at a fresh all-time high of RM0.12. The breakout took out key resistance level of RM0.10 in which was previously retested twice over the past 2 months. The move yesterday was backed by exceptional trading volume of 313.7m shares exchanging hands, which was more than 10-fold the daily average volume traded for DGSB. In addition, there was an uptick in the MACD line, crossing the signal line from the bottom and above the zero line. We believe this signifies positive momentum into the immediate term. With that, we expect potential follow-through buying momentum towards RM0.13 (R1) with a further ceiling at RM0.14 (R2). Meanwhile, key support levels can be found at RM0.08 (S1), with a lower support level at RM0.07 (S2).
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Wuzy
1,579 posts
Posted by Wuzy > 2017-12-20 16:37 | Report Abuse
Grats to those enter 11.5 cents today =D Merry Christmas