TRADING TIPS

PAYC Next Target

Hubert Senters here. Let’s take a look at PAYC, Paycom Software Incorporated. Stock symbol is PAYC.  Obviously, it sold off with the rest of the market today. Made new lows where the rest of the markets did not make new lows. This thing is going to be in trouble. It’s got some support down here in the area of $121 so it’s going to be the initial target. It has broken key support right here and the next little leg you’ve got a little gap that will be filled like $165 and then you got one like $150 so $165 and $150 will be the stair steps that it hits and then ultimately it will probably go down to $121. Mark Helweg is doing a special webinar tomorrow Saturday, April 4th at 11AM EST on this creature right here.  It will help you identify when there’s real selling real buying because it calculate the difference between the NYSE tick. This is exactly what it did today. There you have it. Basically all selling all day long so it would have kept you on the right side of the market today. I will HYPERLINK you to the registration form. Good luck. Hope it helps. See you on the next video. Hubert.

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