Potential swing catalysts for BLMH.c After raising over $1.5 million via private placement earlier this month, Bloom Health Partners’ (CSE: BLMH) chart is showing signs of an incoming price swing.
The current movement of the long-range RSI shows similar conditions to two weeks before BLMH saw a 136% gain within 5 days in early June. This movement came shortly after the company announced a highly profitable fiscal Q2.
Possible future catalysts to support a swing include contract acquisition announcements, as well as fiscal Q3 financial reports. The biggest indicator to watch for here will be a bullish cross of the RSI, followed by an increase in daily volume over 200K
BLMH.c is currently trading at $.18, valued at $8.51 million.
https://ceo.ca/@newsfile/bloom-health-partners-announces-closing-of-second-tranche