The PAYX (Paychex Inc.) Active Swing Trade is likely bear flagging at the mid-point to the first price target. Bear flags are continuation/consolidation patterns that occur about half-way thru an impulsive sell-off. If this proves to be the case, as it was during that previous correction shown on the chart below, watch for an impulsive break down below the flag for the next sell signal & objective short entry or add-on to an existing position.

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