A clean Double Bottom often precedes a big move. Validate your entry.
Reversal pattern after a downtrend.
Reversal pattern. Price likely to break upwards.
Expanding volatility. Sign of instability.
Technical analysis of Paycom (PAYC) reveals a significant setup. The stock is trading at $125.25, up 4.59% on the day. Our AI has detected a valid **Double Bottom** pattern. This setup is supported by strong volume turnover. A potential breakout level is identified at **$159.85**, targeting **$214.8** with support near **$132.38** (R:R 2.0).
What is your outlook on PAYC?