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ADP forms Upper Bollinger Band Walk on July 6
ADP closed down 1.15% on Monday, July 6th, with volume running 0.7× below average. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 236.81, 234.14 & 230.85, with resistance at 242.77, 246.06 & 248.73. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of ADP: B
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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