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PAYC stock has expierienced a bearish divergence on the daily time frame. As you can see it made higher highs, but the RSI was lower. This is a textbook example of a stock loosing momentum and fully expect a correction to take place in the coming days.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.