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tradepatiently
Jun 7, 2023 12:42 AM

ANSS Entry, Volume, Target, Stop, Resistance Long

ANSYS, Inc.NASDAQ

Description

Entry: when price clears 333.89
Volume: with daily volume greater than 727k
Target: 386 area
Stop: Depending on your risk tolerance; 316.55 gets you 3/1 Risk/Reward.
Resistance: 347 area, 373 area

This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.

Comment

Got price but not volume. Be patient - and if it goes without you, that's OK - there are other trades.

Comment

I'm aware that price is inching up. It'll have to go without me unless I see more volume.

Trade active

Got volume and price.

Comment

Comment

Sold 1/3

Comment

I will exit before earnings, and that comment about selling 1/3 on the 19th was a mistake, I was looking at the wrong idea - all of my shares will be losers if it doesn't go up in the next couple days.

Comment

Closed my position today - small win. Idea is still valid, I just like holding thru earnings.

Comment

"don't like holding thru earnings"

Trade closed: stop reached

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