Paychex, Inc.Short
$PAYX - Lotto #'s are 27, 10, 52, 39
Was on earnings watch, now just on breakdown watch. Hella steam to the up-side, but compared to the volatility it sees on the downside after being overbought is just, wow. Wana give this one a little time - just because I think the move down could be more significant once touching that 789WMA. OTM puts with some time could easily be a lotto play. Break of 3yr WMA & A1 TP = 271% fib downside @ or around $52.39 before even considering an up-trend. But let's see how earnings play out first.
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.