PAYC - Double Bottom - 2019-01-23
PAYC Trade Summary
Performance metrics and trade details for PAYC breakout.
- Risk
- 1.6%
- Gain %
- 14.0%
- Market Condition
- Bullish
- Entry
- Breakout
- Stop
- Support Level
- Exit
- Before ER
- Reward Risk Ratio
- 8.8R
- 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
After Breakout
