Hello fellow traders and investors, PAYC recently pulled back to the trendline that acts as a support and PAYC does a very good job of making a full recovery to the upper trendline.
- The indicates that it is oversold
- The EMA's indicate that it is in a downtrend
When To Buy:
- When the crosses its
- When the EMA's crossover indicating an uptrend
When To Sell:
There are two options I am suggesting. The first option is to sell at the previous high which offers a little bit over a 17% ROI and the second option is to sell a the upper trendline which would offer around a 25% ROI .
Hope you enjoyed this quick analysis and many more to come.
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