$PAYC Cup & Handle Long

Paycom Software, Inc.NYSE

Description

⋅ Aug 29, 2020 5:23 PM

PAYC is forming a nice cup & handle which should make a nice move to the upside & take us above to new highs. I am looking for breakout above trend line as a trigger for the trade below.

Trade: BTO PAYC 9/18 320c avg $5.30

Comment

⋅ Oct 6, 2020 12:43 PM

I think it's fair to say this played out favorably.

Comment

⋅ Oct 17, 2020 6:29 PM

Final Update: The Market says that it was wrong about PAYC underperforming