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AdamParmer

ADP: Moving out of a Weekly symmetrical triangle

Long
Automatic Data Processing, Inc. (NASDAQ:ADP)  
AdamParmer  
NASDAQ:ADP   Automatic Data Processing, Inc.
ADP Moving Average Convergence / Divergence (MACD) Symmetrical Triangle
1
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adp macd symmetricaltriangle
A symmetrical triangle often represents a period of profit taking after a long trend. Usually the trend will pick back up after this period of fighting between buyers and sellers.

MACD is giving a strong signal.

A nice place to pick up a quality company.

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