ContraryTrader

Autodesk post earnings

Short
NASDAQ:ADSK   Autodesk, Inc.
Fell back inside weekly channel on volume not seen since Covid 2020 crash.
Bounced off its weekly 100sma and is outside of its bollingerbands . With that being said we might see some sideways choppy action the next few days to allow the bands to catch up.

Eventually I think we are headed towards weekly supporting trendline near 200$..

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