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Expect a BREAKDOWN in Automatic Data Processing (ADP) if This Happens | The Mesh Report

Expect a BREAKDOWN in Automatic Data Processing (ADP) if This Happens

Christian Tharp, CMT September 11, 2020 Comments Off on Expect a BREAKDOWN in Automatic Data Processing (ADP) if This Happens

In looking at the chart, I believe Automatic Data Processing (ADP – Get Rating) is headed for a strong move lower, if it breaks this level.

ADP is one of the top providers of cloud-based human resources administration.

The company’s solutions include payroll, talent management, and benefits administration.

ADP has a strong business model with high recurring revenues, robust client retention, and low capital expenditures.

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