WellTrainedMonkey

ADP: Expanding triangle formation

Short
NASDAQ:ADP   Automatic Data Processing, Inc.
I don't have a price target for ADP but it is interesting to see the resistance at $140 and the lower lows with a negatively diverging MACD. This is ultimately a bearish pattern.

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.