(ADP) Pivots Trading Plans and Risk Controls

Longer Term Trading Plans for ADP

• Buy ADP near 302.07 target 320.62 stop loss @ 301.2 Details

The technical summary data tells us to buy ADP near 302.07 with an upside target of 320.62. This data also tells us to set a stop loss @ 301.2 to protect against excessive loss in case the stock begins to move against the trade. 302.07 is the first level of support below 312.23 , and by rule, any test of support is a buy signal. In this case, support 302.07 would be being tested, so a buy signal would exist.

• Short ADP slightly under 320.62, target 302.07, stop loss @ 321.55 Details

The technical summary data is suggesting a short of ADP as it gets near 320.62 with a downside target of 302.07. We should have a stop loss in place at 321.55though. 320.62 is the first level of resistance above 312.23, and by rule, any test of resistance is a short signal. In this case, if resistance 320.62 is being tested, so a short signal would exist.

Swing Trading Plans for ADP

• Buy ADP slightly over 318.26, target 320.62, Stop Loss @ 317.34 Details

If 318.26 begins to break higher, the technical summary data tells us to buy ADP just slightly over 318.26, with an upside target of 320.62. The data also tells us to set a stop loss @ 317.34 in case the stock turns against the trade. 318.26 is the first level of resistance above 312.23, and by rule, any break above resistance is a buy signal. In this case, 318.26, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ADP slightly near 318.26, target 302.07, Stop Loss @ 319.18. Details

The technical summary data is suggesting a short of ADP if it tests 318.26 with a downside target of 302.07. We should have a stop loss in place at 319.18 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 318.26, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for ADP

• Buy ADP slightly over 313.49, target 318.26, Stop Loss @ 312.76 Details

If 313.49 begins to break higher, the technical summary data tells us to buy ADP just slightly over 313.49, with an upside target of 318.26. The data also tells us to set a stop loss @ 312.76 in case the stock turns against the trade. 313.49 is the first level of resistance above 312.23, and by rule, any break above resistance is a buy signal. In this case, 313.49, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ADP slightly near 313.49, target 302.07, Stop Loss @ 314.22. Details

The technical summary data is suggesting a short of ADP if it tests 313.49 with a downside target of 302.07. We should have a stop loss in place at 314.22 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 313.49, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Automatic Data Processing Inc. (ADP) available here: ADP.

ADP Ratings for June 11:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	302.07
P2	313.49	318.26	320.62
P3	319.35	325.86	337.49

AI Generated Signals for ADP

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