Thinking this flag goes until 159.88-160.00 and hits resistance. From there a possible short play, if it can breakout would be huge but I don't think that happens. Good for a scalp both way.
Clearly defined support and resistance in an ascending channel. If it's going to rise to around $200, it will first need to break out above a descending trendline around $167. I'd maybe put on half a position here and add more if it falls to the bottom of the channel or if it breaks out above the descending trendline.
ADSK has a positive divergence pattern with MACD/Volume Oscillator. This new combination indicator often leads price action, which is beneficial to Swing and Momentum Traders.
Last week the price went under the MM30, so it's officially starting the phase 4. I think you should sell.
ADSK looking to go lower sharply.. Coy hasn't turned a profit in recent years but mania keeps pushing it higher in hope.
higher time frame is in defined uptrend with healthy pullback mid time frame is showing a rising ma after minor accumulation and weakening downtrend breaking out of downtrend line with positive momentum and volume pressure lower time frame is showing positive strength after price was overextended and pullback to intermediate moving average and working it way back...
$ADSK gone too far hits resis at 300% Fib ext
Enter - $49.40 (current price) Target - $54 (Closest Resistance) Stop Loss - $48 Reasons --> Its trading at a very strong support line. Has completed the post H&S decline. Is extremely oversold. (RSI = ~23) Has a Zacks rank #1 (Strong buy) Its earnings estimate has been upgraded from $0.06/share to $0.14/share within the last 2 months. I am a very new trader...