As prices move higher, it is currently supported by the trendline and 150MA and buying momentum is still in play especially with bullish pinbars as confirmation.
Expecting move moves upside with various levels of resistance. Capture the small moves and take profits off the table when there's signs of reversal.
As usual, only use Stop orders above yesterday's...
Was on earnings watch, now just on breakdown watch. Hella steam to the up-side, but compared to the volatility it sees on the downside after being overbought is just, wow. Wana give this one a little time - just because I think the move down could be more significant once touching that 789WMA. OTM puts with some time could easily be a lotto play. Break of 3yr WMA...
Between NYSE and NASDAQ there are approximately 6390 Listed companies.
I follow 1300 approximately, distributed in 10 industries, with different market cap (Small-cap, Mid-cap, Large-cap)
The majority of Investors do not spend their time looking hundreds of stock charts, because they are busy people and they prefer a summary of ideas,
some have preference for...
The second attempt to buy shares on the completion of consolidation. I see a good potential for growth to $ 70. The price was consolidated in anticipation of the quarterly report, which will be released on 26.03. Before the report, the position will be transferred to the breakeven.
Forward P/E 23.72
Paychex, Inc. is a provider of integrated human capital management solutions for payroll, human resource, retirement and insurance services for small- to medium-sized businesses in the United States.
The jump from 200MA and the subsequent consolidation of the price, gives a good opportunity for BUY. Our target is a strong resistance level at $ 70.
Shares of Paychex, Inc. (NASDAQ:PAYX) hit stock chart double top resistance at $61.85. This alerts investors to a probable pull back in the stock price, with a target of $55.00.
View my verified trades here: verifiedinvesting.com