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WellTrainedMonkey

ADP: CD leg commencing downside target $128, -12%

Short
Automatic Data Processing, Inc. (NASDAQ:ADP)  
WellTrainedMonkey Updated   
NASDAQ:ADP   Automatic Data Processing, Inc.
Trend Analysis Harmonic Patterns Chart Patterns ADP cdleg Bearish Patterns
2
0
trendanalysis harmonicpatterns chartpattern adp cdleg bearish
Market is turning bearish again and ADP looks like it has completed a counter-trend rally to the 78.6% retracement level. ABCD downside projection of $128, -c.12% with stops placed within 3% of current price; 4:1 risk reward ratio.
Trade closed: target reached:
Oops, forgot to close the trade idea on TV.....
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