DarkPulse Inc (OTCMKTS:DPLS) Stock Goes Parabolic After Announcing Partnership with Progress Humanity

DarkPulse Inc (OTCMKTS:DPLS) is currently one of the more innovative companies considering the fact that it is involved in the installation, monitoring, manufacturing and sale of laser sensing systems. The DarkPulse stock has also been one of the major movers in the market in recent times and the upward move continues yesterday as the stock ended up with gains of 10%.

Trading Data

On Thursday, DPLS stock gained 10.39% to $0.0579 with more than 53.88 million shares, compared to its average volume of 29.43 million shares. The stock moved within a range of $0.0530 – 0.0629 after opening trade at $0.0535. 

DarkPulse, Inc. Announces Partnership with Progress Humanity

The rally on Thursday took the gains made by the stock over the course of the past week to as much as 83%. As it happens, the company was actually in the news yesterday after it announced that it had inked a significant partnership with the company Progress Humanity.

Considering the fact that the signing of the partnership led to a rally in the stock, it may be a good idea for investors to consider taking a look at the nature of the partnership. Progress Humanity is mainly involved in making the world a better place by way of international communication initiatives and campaigns which are integrative on a cultural level. It is also involved in developing solutions that can help businesses at a global level and that is possibly the reason behind the excitement among DarkPulse investors at this point.

Key Quote

“As we continue to expand our operations across the globe, we are sensitive to the impact development projects have on local communities. It is important to us that we protect the interests of the citizens we hope to employ for a project,” stated DarkPulse Chairman and CEO, Dennis O’Leary. “Progress Humanity has the proven track record to facilitate successful engagements and communication strategies around the world. We are excited to partner with them at this pivotal time for our company.”

Technical Data

DPLS stock is above the 20-Day and 200-Day Moving averages of $0.0411 and $0.0471 respectively. The stock is trading in the neutral zone with the RSI at 68.