FibMarketWatch

STAF-STAFFING SOLUTIONS-BREAKOUT TRADE

Long
NASDAQ:STAF   Staffing 360 Solutions, Inc.
In an economy where there is more open than people to fill them companies and individuals will more likely use a staffing specialist.

This is exactly what STAF does.

Staffing 360 Solutions, Inc. (NASDAQ: STAF) is an emerging public company in the international staffing sector engaged in the acquisition and successful integration of US and UK staffing agencies.

Staffing 360 Solutions is pursuing acquisition targets that place candidates in finance and accounting, administrative, engineering and IT jobs. As part of its highly targeted consolidation model, the Company not only brings experienced management with extensive staffing sector expertise, but a wealth of consultants and industry partners to effectively execute on various emerging opportunities within this high-growth sector of our economy.

Staffing 360 Solutions is committed to creating a major international publicly-held staffing organization with diversified staffing services through this targeted accretive acquisition strategy. Based on this high growth buy-and-build model, the company has expanded from roughly $5 million in revenues in 2013 to over $335 million in revenues on a current annualized basis.

Staffing 360 has developed a significant pipeline of acquisition targets in the finance and accounting, administrative, engineering and IT industries. The company’s veteran management team is highly focused on converting its pipeline of acquisitions targets into M&A transactions that will fuel the company's growth past its publicly stated goal of achieving $500 million in revenue.

It looks like this company is trying to become the 800 pound gorilla in the room by consolidating this fragmented market.

Month Chart:

Weekly Chart:

Daily Chart:

Profit/Loss Targets:

Ultimate Oscillator Divergence:

1 Hour chart:

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.