Get started
TOMI Environmental Solutions, Inc.
Long

LOl setup on TOMZ

By FearandGreed
TOMZ
Entry : 4.40
Stop : 3.60
Target 8.00
Risk with stop loss = .80/share

Position size calculation :
Max allowable risk = .05% - 5% of account equity (dependent on risk tolerance)
1) No stop loss : entire position size = max risk / entry price (4.40)
2) With stop loss : position size = max risk / .80

Goal : get into risk-free or even better cost free position

Strategy : Sell 50% on doubles

Optional : Take some profit at first RLZ, and move stop loss to scratch or just above for a risk free trade at that point.
Chart Patterns
FearandGreed

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.