Dark Pulse Inc (DPLS) Stock Continues to See Profit Booking: Will it Rebound?

Every day plenty of investors go hunting for micro cap stocks and for good reason too, considering the sort of gains that those stocks can generate in a short period. One such stock is that of Dark Pulse Inc (OTCMKTS:DPLS), which has emerged as one of the major movers in recent days.

While it is true that the stock actually declined by 21% this past week due to a case of profit taking from investors, it might actually prove to be an opportunity for new investors. Prior to this past week, the stock had been making a strong run up the charts and the trading volumes had also gone through the roof.

Prior to this past week, the stock had been making a strong run up the charts and the trading volumes had also gone through the roof. More importantly, the Dark Pulse stock also came into the radars of some of the biggest penny stocks traders in the market and that was another major trigger behind the sustained rally.

As a matter of fact, it is currently one of the most popular stocks online and has recorded large number active searches. Investors could do well to keep the stock in their watch lists at this point.

Market Reaction:

On Friday, DPLS stock fell 11.3.8% at $0.1145 with more than 61.96 million shares, compared to its average volume of 99.11 million shares. The stock has moved within a range of $0.1061 – 0.1291 after opening the trade at $0.1280. Over the past 52-week, the stock has been trading within a range of $0.0001 – 0.2020.

Madison Hall

After graduating from the University of Buffalo, Madison gained a real interest in the markets. She tends to be a swing trader and enjoys Pilates and yoga in her downtime.