Trade Setup
GEE Group, Inc. provides permanent and temporary professional, industrial, and physician assistant staffing and placement services in the United States. It operates through two segments, Industrial Staffing Services and Professional Staffing Services. The company offers professional placement services comprising placement of information technology, engineering, medical, and accounting professionals on regular placement basis or a temporary contract basis; and weekly temporary staffing services for light industrial clients.
Stocks found in this category are low priced stocks priced between .50 and $1, with at least 50k shares of average shares trading per day. The stocks are pausing a trend either up or down, with a new bar over the prior day open or close. These are high reward to risk stocks with the potential for very sharp moves. A stop should be maintained at the low of the prior day. Target prices for exits can be determined by using the next level of resistance higher or by using Fibonacci resistance levels found using TradersPro.
