DGSB (0131) - $$$DGSB – PUC already in Wave 4, if you missed it, Next is DGSB

DGSB – currently RM0.085, wave 1 was due to Insas purchased 

 

Why we choose DGSB 

 

DGSB has story, now in chapter 1 only , more chapters coming soon-  "While DGSB’s financial footing seems unsound, it is interesting that Datuk Tan Seng Chuan — the founder and executive vice-chairman of Inari Amertron Bhd, an electronics manufacturer and semiconductor packaging company — was recently appointed an executive director. Tan is also an executive director of Insas. " From the edge Malaysia

 

DGSB has similar pricing, liquidity and volatility to early PUC. Now Puc currently is market favorite 

 

DGSB still in wave1, where PUC already in wave4 . The DGSB price standing on support line and the resistance is at the level that higher than you can imagine.  

 

 

 

 

When is best timing to enter?   

 

We use Omesti as guidline  to enter because Omesti & DGSB, move together in wave1 and is owned by one big boss as shown below

 

 

 

Omesti already start its engine, so DGSB will catch up in no time. 

In Omesti & DGSB wave1 (refer to chart given), Omesti and DGSB both up, but Omesti was then dump down heavily and yet DGSB successfully defend the price.  Unlike DGSB , Omesti  has very less liquidity , the stock price is very easy to be manipulated by anyone where the DGSB has similar liquid form as PUC, we pick DGSB over the Omesti because once the Momemtum start, it won't drop back easily like Omesti and DGSB will resist to price drop which mean DGSB has very strong support. 

 

 

From the Omesti chart, whether it is genuine buying interest or not, DGSB is worth to try now at very low risk

TP and CL 

Our TP1 for wave2 is RM0.12. Our ultimate TP is RM0.40 (wave5) 

Our CL is two bid below support line which is RM0.07 

 

Our strategy 

When uptrend, Buy and average up at every wave resistance level,   

When retracement, take profit and reduce at every bid below support level. 

This strategy that we used in PUC is very effective, we would try it on DGSB too. 

 

In addition, although we do not rely fry stock result. This DGSB has an improved quarterly result so we treated it as bonuses info.  

 

 

 

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By Rainbow 

 

DISCLAIMER : Investment involve risk, including possible loss of principle and other losses. This article and charts are provided for information only and should not be construed as a solicitation to buy or sell any of the instruments mentioned herein. The author may have positions in soe of these instruments. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein. If investment and other professional advice are required, the services of a licensed professional person should be sought.

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