Home About the company Daily reviews Automatic Data Processing Trading Analysis (26/04/2023)

Automatic Data Processing Trading Analysis (26/04/2023)

26.04.2023

Market Review

#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

Author: GC
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