Automatic Data Processing Inc (NASDAQ) Analysis, Chart, and Trading Idea

#ADP
 

The descending wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. The support level of 210.00 curbs the buyers.
 

Trading idea:

Buy at the formation of the upward wave structure, where the A-wave breaches the sloping channel of the downtrend truncated structure

Stop-Loss:  210.00

Target price levels: 226.50, 245.80