4PLSB_chart.pngHaving released a couple of news in the last thirty days, Pulse Beverage Corp (OTC:PLSB) finally managed to put some some bullish spark in its stock.

Less than two months ago, PLSB hit a 52-week low and after a brief rally it slid into a trading range between $0.36 and $0.4.

PLSB kept this range for almost a month before it broke the resistance at $0.4. Since then the stock has been fighting with the gravity of the resistance line, often opening below the line but finishing firmly above it.

On the last trading session PLSB received support from the trading volume as well. The OTC quote shows that 356 thousand shares were 8PLSB_logo.jpgexchanged yesterday. This is way above the three-month daily average.

According to FINRA, the short volume for the day was comprised of 123 thousand shares, which is 36% of the whole volume.

The surge in trading volume appears to be connected with the press release issued by the company yesterday. It announced that PLSB had secured six more distributors in Wisconsin and Wyoming to expand its rapidly growing distribution network for its products and current sales of Cabana 100% Natural Lemonade.