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.
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 Performances: Annual Compound Profit 40%, Win Rate 55%, Risk/Reward Ratio 1:2, 20 Years of Backtesting Data, Over 100 Markets. * Click Like and Follow to Support My Work! --- Hi Traders, I'd like to introduce the System T, a computerized trading system that analyzed and backtested the 20 years history data of over 100 markets. This post is my sharing...
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.
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.
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...
Very clear gap reversal strategy played out today, can not stress more.
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.
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.
#PaycomSoftware is forming HeadandShoulders,bottom. $233.32 is the breakout resistance
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.
Looks ripe for a retest of the kumo and a previous consolidation area as there's signs of accumulation.
should be good to start adding long postion, few more points to drop.
PAYC: Paycom Software, Inc. 2020-03-12 17:14:00 Paycom Software, Inc. Announces Increased Stock Repurchase Plan
Name Paycom Software Inc Symbol PAYC Price to Activate @ the market Stop Loss 7% Below the Price Bought 1st Target Not Listed Yet 2nd Target Not Listed Yet