Teabo

Crucial days ahead for PAYC

Long
NYSE:PAYC   Paycom Software, Inc
As can be seen, PAYC has been declining in a pretty wide channel, and broke down from it's March 2020 trendline (follow my other charts to see how effective this is) and now faces coming back up against it as resistance:


Bullish despite all this. They recovered their 200 day SMA , which was a true buy-the-dip moment. MACD looks good too.