Tickeron detected bearish Stock Pattern: Broadening Wedge Descending PCTY on April 16, 2024, netting in a 4.76% gain over 1 week

A.I.dvisor
at Tickeron.com
04/25/24
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+4.76% Gain from a Successful pattern Broadening Wedge Descending
PCTY - Paylocity Holding Corp
Ticker: PCTY
Company: Paylocity Holding
Gain from shortening: +4.76%
Confirmed: 04/16/24
Succeeded: 04/24/24
Total length: 9 days
On April 15, 2024, A.I.dvisor detected a Broadening Wedge Descending Pattern (Bearish) for Paylocity Holding Corp (PCTY, $163.96). 1 day later, on April 16, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 24, 2024, the stock hit the target price of $154.63 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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PCTYDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a holding company with interests in online payroll and human resource solutions

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Packaged Software
Address
1400 American Lane
Phone
+1 847 463-3200
Employees
6100
Web
https://www.paylocity.com