DPLS Overextension or next leg?
It's been a LONG time since 
DPLS traded at these levels. Had to take the chart back out to 2018 to draw out these fib lines and wouldn't you know it, the 618 is a major level to keep watch of. Both May '18 and Sept. '18 the DPLS rallies were denied at or near this level. It managed to hold as support during the summer months. But again unable to sustain those levels. Now that DPLS is approaching this level again, it could be important to keep the 618 fib in mind. There haven't been any significant pullbacks on the chart so this could be a major over extension and big risk factor to also throw in the mix. Like most charts like this, volume is going to be the guide for what could come. Though it was higher on Friday compared to Thursday, both day's levels were much lower than the recent average daily volumes.
“'As DarkPulse continues to build best in class technology service offerings to the critical infrastructure/key resources market we look for teams such as TerraData to bring experienced personnel and leading-edge equipment allowing the Company to operate AI-assisted inspection services in all mediums including land, sea, and air. TerraData’s ability to work in difficult marine environments with accuracy, efficiency, and expert results while eliminating risk to humans is a game-changer,' said DarkPulse CEO, Dennis O’Leary. This is big news for the company and is more than likely the cause of the almost 100% gain witnessed with DPLS stock in the past five days. With this in mind, is DPLS worth keeping an eye on in July 2021?"
Quote Source: 7 Top Penny Stocks to Watch That You Probably Haven’t Heard Of
DPLS traded at these levels. Had to take the chart back out to 2018 to draw out these fib lines and wouldn't you know it, the 618 is a major level to keep watch of. Both May '18 and Sept. '18 the DPLS rallies were denied at or near this level. It managed to hold as support during the summer months. But again unable to sustain those levels. Now that DPLS is approaching this level again, it could be important to keep the 618 fib in mind. There haven't been any significant pullbacks on the chart so this could be a major over extension and big risk factor to also throw in the mix. Like most charts like this, volume is going to be the guide for what could come. Though it was higher on Friday compared to Thursday, both day's levels were much lower than the recent average daily volumes.“'As DarkPulse continues to build best in class technology service offerings to the critical infrastructure/key resources market we look for teams such as TerraData to bring experienced personnel and leading-edge equipment allowing the Company to operate AI-assisted inspection services in all mediums including land, sea, and air. TerraData’s ability to work in difficult marine environments with accuracy, efficiency, and expert results while eliminating risk to humans is a game-changer,' said DarkPulse CEO, Dennis O’Leary. This is big news for the company and is more than likely the cause of the almost 100% gain witnessed with DPLS stock in the past five days. With this in mind, is DPLS worth keeping an eye on in July 2021?"
Quote Source: 7 Top Penny Stocks to Watch That You Probably Haven’t Heard Of
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