PAYC trade ideas

AlTorress

I found this pattern at tickeron website with the following data: Rectangle Top Bullish - Emerged on Aug 13, 2020 Current confidence to reach target price = 64% Distance to target price = 3% Breakout (Entry) price = 302.24USD Target (Exit) price = 319.56USD EMERGED ON Aug 13, 2020 PRICE = 301.88USD CONFIDENCE TO SUCCEED = 63% CONFIRMED ON Aug 14, 2020 PRICE =...

SummitsTrading Updated 

Unless it manages to close above 300 USD soon, it might drop down substantially...

srazzano15

Doesn't get much cleaner than this. $PAYC closed below its 13 & 30 SMA with an SMA cross on the 1D chart. Along with a triple top formation and a close below support. You cannot ask for a cleaner chart than this. Target would be the 200 SMA line with is nested below a nice gap, around the ~263 area.

stephanelibatd

Hey people, PAYCOM SOFTWARE is in a downward push, possibility that buyers are just starting out, so we can witness a reversal. The equilibrium zone will break if we reach half of it. Please LIKE & FOLLOW, thank you!

System_T Updated 

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manishsat

best setup

EWFcw

Paycom Software Inc (PAYC - US) has completed B wave and fallen down in 1st wave. It is now in 2nd wave correction which will be end soon and start 3rd wave down of C.

trustchart

PAYC

EWFcw Updated 

Paycom Software Inc (PAYC - US) is moving down in ABC wave pattern. B wave is zigzag having internal b wave as triangle, which may be result in sharp reversal. It is already made wave 1 down of wave C major.

07:11

Fineight

Hi traders, I do not have many LONG markets in my watchlist for the upcoming week. After such a big drop, 70% of markets are in the Short Watchlist. Truth be told since stock markets are mostly grown, I don't like Short trades very much. BUT! The analysis showed me that in big declines they save money and smooth the equity curve. And that is the main...

manishsat

Very clear gap reversal strategy played out today, can not stress more.

one-nil

If PAYC closes over 62% fib level then potential target is $291. Look for good volume along with price patterns as it crosses $274 mark.

LoganTyler

SHORT

jgeno Updated 

1. Older woman from Shark Tank, Barbara has the commercial for their payroll app. 2. They’re taking market share from Paychex & ADP (the 2 main payroll companies) quickly. 3. They report today at 5:00pm and I’m pretty sure the fact that AMZN now uses PAYC as their payroll platform possibly is not baked into the stock price.

TheBullseye

#PaycomSoftware is forming HeadandShoulders,bottom. $233.32 is the breakout resistance

Harry_Hood

At close on Friday I opened a short position based off Elliot wave count and RSI. at the least this will pull back to $200 but if there is overall selling in the market could make a new low around $160.

Mandy131

PAYC went long on 196.5

WalkingTheMarkets Updated 

Looks ripe for a retest of the kumo and a previous consolidation area as there's signs of accumulation.