$BLMH receives DTC eligibility today Occupational health company Bloom Health Partners $BLMH $BLMH.C has received DTC eligibility as of today. This should lead to higher liquidity for shares of $BLMH and increase the investor pool for the company somewhat. I’ll be looking for an increase in relative volume to correspond with this announcement.
With the company capitalizing on the COVID-19 pandemic through offering testing services, I expect that we should see some impressive revenues soon. Most recently, $BLMH opened a new NJ facility to service the northeastern US and also entered into a contract to offer testing services for K-12 schools throughout Texas.
$BLMH price action is still somewhat volatile, dropping 25% today after making a 37% gain in the past couple of weeks. However, relative to the previous movement on the charts this isn’t anything too extreme as prices took a 130% jump at the end of October last year. Overall, the general trend is remaining bullish with higher lows.
I’m keeping an eye on a key price level of $.585 as shares have seen some strong historical resistance there. Hopefully, with an increase in volume and some positive financial statements, $BLMH will test this price again soon.
$BLMH is currently trading at $.32 and is valued at an MCAP of $12.46 million.
https://ceo.ca/@newsfile/bloom-health-partners-receives-dtc-eligibility