This post was just published on ZYX Buy Change Alert.
RHI is primarily a provider of temporary financial personnel. A better jobs report means more hiring. The stock has recently taken a hit on slowing sales in Europe, however leading economic indicators in Europe are improving.
This is a highly volatile stock and therefore needs a wide buy zone. It is important to accumulated in small tranches over a wide price range. This is a long-term position.
The buy zone is $25.20 to $33. Please consider accumulating no more than 30% of the full core position size in the zone of $30 to $33.
Target zone is $44 to $48.
Stop zone is $23 to $23.43.