PAYD is in a long-term symmetrical triangle. The pattern has been very consistent to this point with rises in share price occurring with bullish crosses of reliable indicators. Technical traders will be on alert for the bottom support to hold and for continuation of the pattern at this point.
To view the video chart, visit the following link: www.qualitystocks.net/videocharts.php
Please see disclaimer on QualityStocks website: disclaimer.qualitystocks.net
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.