Use weekly TL support as entry or wait for gap test at 115 if it comes. 10/26 low of 120 is supportive so can use that as a stop for long depending on your risk and entry. >126 could be a nice entry if it holds. 200d sma ~118.9 currently with gap test at 115, 106.47 gap fill. Against longer term weekly trendline would be another valid entry long.
lots of those out there... liking this one for some reason
Based on my trading system "R Difference" (see my published scripts) PAYC is looking like a solid buy.
Moving Averages: The most interesting signals on this chart to me were the bullish crossing of the 50ma under the price on the daily and the stock following and staying above the 20ma on the weekly chart. These signals show that with the proper momentum the price should continue upwards. MACD(12, 26, close): The MACD indicator is showing bullish momentum on the...
Very strong & steep bull trend. Price action plays close to the 50 EMA, and lives above the 200 EMA. Though the 50 EMA crossing over the 200 EMA has proven to be bearish - it is unreliable as a lagging indicator. Volume is slowly decreasing overall, picking up when in contact with resistance of the possible falling wedge. Shows that it may fully respect the...
Very steady and loyal pattern! this one knows how to make gains, steady and consistency is key. Every now and then your allowed a cheat meal or a drink but the progress is strong on this one this is in it's prime!
Possible cup being formed. If we see reversal after handle then good buy point at 109
PAYC: paycom software inc 2018-02-13 08:30:24 Detected possible stock repurchase
This thing has lots of room to run. Just need the process to work itself out.
Description on chart. MACD should begin to confirm move higher here soon. Watch volume for confirmation