techpers

BUY IDEA: Automatic Data Processing

Long
NASDAQ:ADP   Automatic Data Processing, Inc.
An idea published earlier today on our client platform:

Strong technical structure supported by better-than-expected Q1 2023 results (Revenue and Earnings exceeding analyst expectations). Expecting a moderate retracement followed by further upside momentum.

TRADING LEVELS:
Entry: 243.64
Target: 275.00
Stop-loss: 225.00

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