Distribution Solutions Group (DSGR) Just Flashed Golden Cross Signal: Do You Buy?
DSGRDSG(DSGR) ZACKS·2024-08-27 22:55

From a technical perspective, Distribution Solutions Group, Inc. (DSGR) is looking like an interesting pick, as it just reached a key level of support. DSGR's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with ...