Trade Setup
General Environmental Management, Inc. provides industrial liquid waste treatment and remediation services. It offers field services, remediation, transportation, and site treatment for hazardous and non-hazardous materials to the oil and gas industry, industrial clients, and domestic waste generators. The company also provides on-site waste treatment systems and environmental incidents and spills cleanup services. It manages the services provided by web-based enterprise software, GEMWare.
Stocks found in this category are low priced stocks priced between .50 and $4, 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.
