Paycom Software, Inc.

Long

$PAYC Cup & Handle

By UnknownUnicorn7308096

Updated

is forming a nice cup & handle which should make a nice move to the upside & take us above to new highs. I am looking for breakout above trend line as a trigger for the trade below.

snapshot

Trade: BTO 9/18 320c avg $5.30

Note

I think it's fair to say this played out favorably.

snapshot

Note

Final Update: The Market says that it was wrong about PAYC underperforming

snapshot

UnknownUnicorn7308096

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.