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.
Open 66.63
SL 65.87
TP 69.67
P/E 28.54
Forward P/E 23.72
Good Luck!
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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.
P/E...
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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PAYX is at the upper MLH of minor fork b . This may be a good area to consider a short . If price crosses this median line, another shorting opportunity presents itself at the upper MLH of major fork A.
