ADP builds support here resting on the daily 200 moving average since late June. After climbing 15% from the last earnings ADP has to prove to investors it's worth the it'shigh evaluating. Beating earnings in July wasn't enough, however their progressive investment into AI as well as expanding their global reach, we could see this stock start to climb as we head towards it's next earnings in October
Not to mentioned it's typical to see stocks rise before dividend dates
Not to mentioned it's typical to see stocks rise before dividend dates
These are just ideas based off technical analysis. I like to keep it simple and not have a bunch of indicators. Give me a follow and a like or even share the chart if you think it looks good Check out my profile for further information.
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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.
These are just ideas based off technical analysis. I like to keep it simple and not have a bunch of indicators. Give me a follow and a like or even share the chart if you think it looks good Check out my profile for further information.
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.