PAYC, Time To Buy?

21 Feb 2021

Hello fellow traders and investors, PAYC recently pulled back to the trendline that acts as a support and PAYC does a very good job of making a full recovery to the upper trendline.

Technicals:

• The Macd indicates that it is oversold
  
• The EMA's indicate that it is in a downtrend
  
  When To Buy:
  
• When the Macd crosses its EMA
  
• When the EMA's crossover indicating an uptrend
  
  When To Sell:
  There are two options I am suggesting. The first option is to sell at the previous high which offers a little bit over a 17% ROI and the second option is to sell a the upper trendline which would offer around a 25% ROI.
  
  Hope you enjoyed this quick analysis and many more to come.
  If you enjoyed leave a like and follow, thanks