By Is $TOMZ Environment Solutions Inc Stock Ideal For Your Investment Portfolio?
TOMI Environment Solutions Inc. is a company that deals with products for decontamination and the control of infectious diseases.
With the current pandemic, the company can provide its products to schools, hospitals, and various offices to prevent the spread of the Coronavirus.
From these services, the company has been and still experiencing significant growth.
Investors are paying attention to the growth following its good performance on the American penny stock market.
Therefore, I will take you through why this stock is worth investing in at this time.
TOMI Environment Solution Inc. ($TOMZ) is taking its support level after a heavy sale. The investor is taking over after Friday’s squeeze. (21 January 2022)
The shares are at their low prices currently at 1.050 U.S. dollars.
There has been a heavy monthly correction from August after the January 2021 bullish momentum.
The correction is now overdone and looking for bullish momentum that will take the shares to long-term investment highs.
The bearish momentum has been attributed to the fact that the industrial sectors are unknown at this time and the number of coronaviruses cases have declined.
The advantage of investing in this stock is that in the next 5 years the shares will have generated you +350% returns.
This will happen if the price will hold at the following support levels; S1 1.037, S2 1.023, and S3 0.99 USD in the coming few months.
Targets for taking your profit will be at 11.30, 15.84, and 17.02 USD for long-term investors.
If the support levels fail to hold, then this will be short- term investment which in this case is impossible.
The risk to reward of this stock should see you relies more of the latter.
The previous price actions at the support levels are significant pumps that will lead to the $TOMZ shares being considered for long-term investment.
The spikes for short have resulted from the correction made from August 2021.
The stock prices are predicted to shoot up to 6.56, 11.40, and above 17.02 USD in the next 5 years.
Due to the current pandemic, the $TOMZ will continue to grow as recorded in the past months during the earlier kick-off by a 35% gain.
In addition to the $TOMZ shares rising in the coming months, Play Studios Inc. ($MYPS) and Denison Mines Corp. ($DNN) are other U.S. penny stocks to keep an eye on.
Following the U.S. Government restrictions made on reducing fossil fuel consumption in the next few years, there has been an increase in the demand for nuclear energy.
This caused the Denison Mines to experience 135% growth in the last few years.
Following the U.S. Government restrictions made on reducing fossil fuel consumption in the next few years, there has been an increase in the demand for nuclear energy.
This caused the Denison Mines to experience 135% growth in the last few years.
Is $TOMZ Environment Solutions Inc Stock Ideal For Your Investment Portfolio?
The growth will continue as long as the restrictions are there. With Play Studios looking for new games to add to its roster, the investors expect significant growth in the company.
The upcoming news such as an increase or decrease in cases of coronavirus or the fear of new variants will have a positive or negative impact on this stock.
There are no significant changes announced or made at the $TOMZ Company.
There being no significant change, bullish on this penny stock will be experienced in the coming months.
Therefore, investors of this stock will have to trust their technical analysis.
From this view, the price of the $TOMZ shares should rise considering that the support has been established.
On the monthly timeframe, the $TOMZ is finding support.
This has given the stock a perfect buy signal if the price will hold at this support level in the next month.
The bullish momentum will be a great deal to wait for
On Friday 21 January 2022, there has been hype on social media especially on Twitter of this stock as a long-term investment. These resulted in over 12.5 million shares being traded.
The hype gives a positive signal that the shares will be trading higher and higher.
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