PAYC - Double Bottom - 2019-01-23

PAYC Trade Summary

Performance metrics and trade details for PAYC breakout.

Stage
Catalyst
Risk
1.6%
Gain %
14.0%
Trade Duration
0 days
Market Condition
Bullish
Market Cap
$NoneB
Shares Float
NoneM
Entry
Breakout
Stop
Support Level
Exit
Before ER
About

This trade can be entered on a base breakout within a double bottom setup, aligned with a bullish overall market.

The trade risks 1.6%, with a stop placed at S1, which aligns with a confluence of the most recent higher low on the intraday chart.

By exiting the trade the day before the earnings release, there’s potential to capture a 14.0% gain in under two weeks.

Intraday Entry

PAYC - Double Bottom - 2019-01-23 intraday entry

After Breakout

PAYC - Double Bottom - 2019-01-23 after breakout