Tomra Systems: A Prime EU Expansion Play with 150% Growth Potent

14 paź 2023

Tomra Systems is an exceptional company poised for significant growth as they expand into the EU. I've been accumulating shares steadily each month, aiming for a target price of 76 NOK. The monthly RSI is soon approaching 30, and the Stochastic indicator is already at its low point. Furthermore, the stock is below its 618 Fibonacci retracement level, and the 200-day EMA is about to intersect. This presents a phenomenal buying opportunity. While it may seem like a long-term, less exciting investment, a potential 150% increase over the next three years makes it a promising choice.