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Lew2323
May 12, 2020 6:18 PM

ANSS brea out of a channel Long

ANSYS, Inc.NASDAQ

Description

NASDAQ:ANSS

This has created a great channel while the earnings is out of the way now. 269.50-270 buy against 259 looks awesome.
Comments
lauralea
is there an unfilled gap? I was looking at this stock but the gap bothers me/Perhaps they do not always fill
Lew2323
@lauralea, Are you referring to the small gap caused by the gap up on May 18th? This idea was from May 12th before all the following price action. It didn't fill that gap as they don't always fill gaps like you said; however, it recovered nicely today. I will be watching for some constructive price action under 275 with volume drying up before considering another entry on it.
lauralea
@LewisSteen, Thx..I didnt notice the dates. I watch the stock tho/thx!
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