ADSK has a long history of consistent uptrend. After positive earnings, it gapped down, found support in the long term trend as well as recent channel support. Blue dotted line support is a +1.236 Fib level within a Modified Pitchfork influenced by reference points in October 1999 (Low), December 2007 (High), and March 2009 (Low) MACD has made a sharp bend...
Hi there. Price is forming a possible continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
Breakout formation + retest of the previous breakout level (trendline). ADSK completed a wave 1 during a ABC correction (wave 2) and bounced at the 61.8 fibo. From this level ADSK began a small impulsive movement.
flag/wedge Entry break $298.37 Target1: $320 Target 2: Momentum Stop: $289.43
NASDAQ:ADSK potential breakout with MACD confirmation. Stop loss around $270.
Breakout to the upside, after fibonacci breakout.
Symmetrical Triangle Bottom Wedge Reversal Potential
Please note this is just an idea, invest at your own risk. Autodesk is clearly in an uptrend long-term, however has been trading in a range for the past half year. It recently touched the 200MA, which has been a stable support historically for the stock. Avoid buying if it breaks 275 level of support. I think the current 293 can be a good entry, although an...
ADSK approaching breakout level. Would love to see some consolidation either under this downtrend line, or below 304 for a move back to the ATH. An inside day would beautiful!
Trigger this time is the lagging span, least common of the 4 triggers but also the most successful among the trades where i've been tracking that. My current settings are still: 9/26/52/26/13/52/0.5/0.1/0.5/5
NASDAQ:ADSK Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%.
7.9.20 TTD ADSK In this video I discussed more market dynamics in both of these equities. TTD is definitely a bullish market that is making new highs and has no structured that suggest resistance because there is no resistance based on the past and this has certain challenges to it. There are certain details that might be of interest, things we can look for,...
I will be shorting this stock adjusting stop losses at different Fibonacci levels as indicated by the arrows. Initial stop will be at 1 on Fib ladder.
Autodesk is a software company. It's stock rose 50% since last October. The market cap is currently 46B USD. Last year's revenue was only 2.578B USD, while the net income was a negative 80.8M USD. We were following this stock for a while and consider it overvalued. The time to go short might have arrived now. In the chart the earnings are indicated. Everytime...
May rise a bit into an earnings by end of FEB , however it's been a nice 25% move in stock price without any cool off. Watching for divergency flip.
ADSK had a breakout last week to move above its previous all time high. ADSK is now in a compression mode, which tends to precede breakouts.