It has been a significantly tough last few days for investors in the DarkPulse Inc (OTCMKTS:DPLS) stock and that can be easily gleamed if one looks at the price action. The stock was in the middle of a selloff yesterday and ended up with a decline of 6% as a consequence. That took the losses made by the stock over the course of the past week to 15%.
Trading Data
On Thursday, DPLS stock moved down 5.50% to $0.0518 with 33.84 million shares, compared to its average volume of 29.40 million shares. The stock has moved within a range of $0.0503 – 0.0548 after opening trade at $0.0531.
DarkPulse, Inc. Discusses CALTRANS Project, Middle East Expansion, and Optilan IPO with The Stock Day Podcast
In this situation, it may be a good idea for investors to keep in mind that the company was actually in the news yesterday after its Chief Executive Officer Dennis O’Leary participated in an interview on the popular The Stock Day Podcast.
In the interview, O’Leary provided a detailed background of the company and also provided details of the sort of work it has been doing in the laser based systems space. Participation on popular podcasts are important considering the fact that it may provide a company with the opportunity of speaking directly to a considerably large audience.
However, the chat on The Stock Day Podcast did not come as any source of optimism for investors and the stock continued to slide through the day. It remains to be seen if the DarkPulse stock can make a recovery today.
Technical Data
DPLS stock is trading below the 20-Day and 50-Day Moving averages of $0.0637 and $0.0797 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0757.
