Paycom Software, Inc.Updated Short term trading vs Long term investing
Someone asked me to chart this company. Here you go !
On a short term trade basis, you are likely not to have too big a stop loss gap to consolidate your capital base to fire more ammo on other stocks. However, if you are a long term investor and believes in the fundamentals of this company (please DYODD) , then there is a possibility that it might revisit a lower rung of support at 110.78 which should delight you and make you buy more.
On a short term trade basis, you are likely not to have too big a stop loss gap to consolidate your capital base to fire more ammo on other stocks. However, if you are a long term investor and believes in the fundamentals of this company (please DYODD) , then there is a possibility that it might revisit a lower rung of support at 110.78 which should delight you and make you buy more.
Note
Unfortunately, the 2nd option did happen. For those who understand this counter would be happy as they continue to DCA. For those who do not and just punt will be anxious if they should sell
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