Automatic Data Processing Trading Analysis (26/04/2023)
#ADP
The descending wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. The support level of 210.00 curbs the buyers.
Trading idea:
Buy at the formation of the upward wave structure, where the A-wave breaches the sloping channel of the downtrend truncated structure
Stop-Loss: 210.00
Target price levels: 226.50, 245.80
