Today’s instrument is the Paychex Inc. stock traded in NASDAQ exchange under the ticker PAYX.
Looking at the PAYX’s chart, we can see that it is last traded at around $113.30.
Today, Paychex is announcing its third-quarter earnings and if the market’s anticipation is positive then we could expect it to rise towards its resistance level at around $116 otherwise it should fall towards its support level at around $106.80.
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