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Is ADP gaining bearish strength? 20 Day Moving Average Resistance shows up after sinking 1.61%
On Thursday, June 25th, ADP moved down 1.61% while volume was to 0.8× the usual levels. 20 DMA Resistance — typically a warning sign for traders — developed during the session. Key support levels exist at 213.14, 209.96 & 203.89, with resistance at 222.39, 228.46 & 231.64.
Current SwingTradeBot Technical Rating of ADP: D
There’s more where that came from. See all of today’s signals for ADP here.
Read full article here »