MichaelGLamothe

Strong breakout from 2nd stage double bottom

Long
NYSE:PAYC   Paycom Software, Inc.
1
PAYC is another clear example of why its important to pay attention to stocks making big gains on heavy volume WHILE STILL IN THEIR BASES. We track and post the Top 3 every day for FREE on ChartYourTrade's "Shooting Stars". chartyourtrade.com/w...list/shooting-stars/

PAYC appeared on our Top 10 Setups in Bases on 1/24/15 chartyourtrade.com/w...ch-list/top-10-list/ Since then it broke above both the advanced pivot at 27, as well as the classic pivot at 28.84. Since breaking out of the advanced pivot, it has received support along its 10EMA. See if that continues.

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.