Lock In a Fast 70% Profit on This Penny Stock

Oftentimes 2% or 3% moves in the mega-caps make headlines – those moves can even set the “tone” for the day’s trading across the whole market.

Those moves are almost always instigated by big institutions moving tens or hundreds of billions of dollars around; it takes a lot to move the needle by single digits on a $2.4 trillion stock like Apple Inc. (NASDAQ: AAPL) or a $1.8 trillion stock like Amazon.com Inc. (NASDAQ: AMZN).

But, hey, that’s the life of a marquee stock on the NASDAQ; the New York Stock Exchange isn’t much different.

Thing is, if you look beyond the big board, you can see stocks where single-digit moves add up to double- and triple-digit profits.

Lately, I’ve turned my scanners loose on the over-the-counter (OTC) market, where stocks can trade for anywhere from pennies to a few bucks. I’ve seen some incredible, head-spinning moves. It takes much less for a $0.05 stock to become a $0.25 stock than it does for a $500 stock to become a $2,500 stock. You’ll still make five times your money, but you’ll do it in a few weeks or days instead of three years.

Today, I’ve got an energy-tech penny stock in my sights – I think we can expect a five-cent move that’ll hand us 70% in gains. Here’s the setup…

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This Checks All the Boxes for an Explosive Rally

DarkPulse Inc. (OTC: DPLS) is a Virginia-based tech company that provides monitoring systems and sensor technology to companies in security, oil and gas, aviation, mining, and renewable energy sectors; these companies use DarkPulse’s products to keep tabs on their infrastructure.

But that’s secondary – we’re interested in what the stock is going to do.

What the stock is going to do is rally.

As of Thursday midday, DPLS shares were trading at $0.09. We saw crescendo volume in this stock about three weeks ago, and now we can use DPLS to make a quick buck.

We’re going to buy shares between $0.07 and $0.09, and prepare to sell them at $0.12 – a $0.03 to $0.05 price move could mean as much as 70%-plus profit.

When we saw the crescendo volume, DPLS went up to $0.20 before consolidating around the $0.07 level.

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In a perfect world, I’d see the same volatility bands that we saw back in June.

If we were in the stock during that time, we’d have known to put in a trailing stop.

Fast forward to today, and shares are pulling back to the 50-day moving average. On top of that, the relative strength index (RSI) is nearing the “oversold level” at 47. Put those two together, and we’re looking at a potential downfall in DPLS. And we’re looking to buy the dip – so, this time around we’re going to get into DPLS at $0.07.

This is the “set it and forget it” price, because the stock had foundational support at this level. Once the stock hits $0.12, we’ll add a trailing stop of 5% to protect our profits.

Important: Notice I said “prepare to sell,” back there. We are not selling our stock at $0.12… we’re just preparing to sell them in case they move against us.

After that’s taken care of, we’ll sit back, relax, and let the stock fly. I look forward to seeing how much higher it goes from there.