Paychex Inc. (PAYX) – stock is trading around $84.63 dollars as of October, 14, 2019 and offering a possible buying price between $84.59 – $88.82. Let’s look at the stocks technical actions using a weekly chart.
2. The stock breakout back in mid January.
3. The stock had rock solid not stop run since then.
4. The stock finally lost the momentum back in June and started to recede. 5. The stock lost the 50 day moving average support during the reaction, but finally regained it in the last couple of weeks
6. The stock is offering possible buying price between $84.59 – $88.82, with a stop loss at $77.82.
This stock is already part of the Stocks Under 100 Dollars pick and performance will be tracked here .
Also do not forget to checkout the Stock Charts Gallery of annotated growth stock charts.
