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 ...
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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.
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