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ADP forms NR7 on August 26
ADP closed down 0.49% on Wednesday, August 26th, with volume running 0.3× below average. consolidation patterns formed: NR7 and Bollinger Band Squeeze and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 280.17, 278.93 & 277.0, with resistance at 283.34, 285.27 & 286.51. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of ADP: A
Just a sneak peek — check SwingTradeBot.com for the full story on ADP.
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