Trading (PCTY) With Integrated Risk Controls

January 17, 2025, 02:10 am ET, BY Barry C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for PCTY

• Buy PCTY near 186.49 target 210.56 stop loss @ 185.95 Details

The technical summary data tells us to buy PCTY near 186.49 with an upside target of 210.56. This data also tells us to set a stop loss @ 185.95 to protect against excessive loss in case the stock begins to move against the trade. 186.49 is the first level of support below 199.3 , and by rule, any test of support is a buy signal. In this case, support 186.49 is being tested, a buy signal would exist.

• Short PCTY slightly under 210.56, target 186.49, stop loss @ 211.17 Details

The technical summary data is suggesting a short of PCTY as it gets near 210.56 with a downside target of 186.49. We should have a stop loss in place at 211.17though. 210.56 is the first level of resistance above 199.3, and by rule, any test of resistance is a short signal. In this case, if resistance 210.56 is being tested, a short signal would exist.

Swing Trading Plans for PCTY

• Buy PCTY slightly over 210.56, target n/a, Stop Loss @ 209.95 Details

If 210.56 begins to break higher, the technical summary data tells us to buy PCTY just slightly over 210.56, with an upside target of n/a. The data also tells us to set a stop loss @ 209.95 in case the stock turns against the trade. 210.56 is the first level of resistance above 199.3, and by rule, any break above resistance is a buy signal. In this case, 210.56, 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 PCTY slightly near 210.56, target 197.52, Stop Loss @ 211.17. Details

The technical summary data is suggesting a short of PCTY if it tests 210.56 with a downside target of 197.52. We should have a stop loss in place at 211.17 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, 210.56, 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 PCTY

• Buy PCTY slightly over 200.96, target 210.56, Stop Loss @ 200.49 Details

If 200.96 begins to break higher, the technical summary data tells us to buy PCTY just slightly over 200.96, with an upside target of 210.56. The data also tells us to set a stop loss @ 200.49 in case the stock turns against the trade. 200.96 is the first level of resistance above 199.3, and by rule, any break above resistance is a buy signal. In this case, 200.96, 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 PCTY slightly near 200.96, target 197.52, Stop Loss @ 201.43. Details

The technical summary data is suggesting a short of PCTY if it tests 200.96 with a downside target of 197.52. We should have a stop loss in place at 201.43 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, 200.96, 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 Paylocity Holding Corporation (PCTY) available here: PCTY.

PCTY Ratings for January 17:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	163.78
P2	196.58	189.24	186.49
P3	200.96	197.52	210.56

AI Generated Signals for PCTY

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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Paylocity Holding Corporation (NASDAQ: PCTY) report below can help you, but we have more details too. The trading plans for PCTY, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.