Get started
HawthorneCredit

PCTY Heading for a solid Cup and Handle

Paylocity Holding Corporation (NASDAQ:PCTY)  
HawthorneCredit Updated   
NASDAQ:PCTY   Paylocity Holding Corporation
Chart Patterns Cup And Handle
1
0
chartpattern cupandhandle
I guess I don't have any formal analysis to offer for this post, just trying it out. The basic idea is that PCTY has formed a cup and handle pattern over the last five months. The stock started to form a handle at $92.50 back on February 25th, as it dipped down in price. And while it may seem like the end of the line for growth for PCTY, the technical and fundamental data for this stock is still incredibly strong. Good luck guys!
Comment:
The time to buy, usually is when it comes back up to $92.50 in price, and has an extraordinarily large day for volume. At least 125% for volume.
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.