ADP is showing a classic Diamond. Don't miss the move.
Indecision. Widening then narrowing range.
Market participants tracking Automatic Data Processing should note the latest formation. Currently at $250.09, the asset is showing upward momentum (2.97%). Algorithmically, a Diamond structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $261.31, targeting $308.82 with support near $237.56 (R:R 2.0).
What is your outlook on ADP?