Autodesk, Inc ADSK

Flpati

Autodesk seems to have completed a Expanded Flat correction, Question is, is the C Wave finished or does it still has some downside to run? Well, if it can managed to hold the previous lows then more likely we will see price coming down to the 161.8% Fib Expansion , that would gives a perfect spot to buy it. Losing that level might tell us that the correction...

FamilyTreeInvesting

After earnings it gapped down hard and the tech slide pushed it down even more. It bounced off support at $245 and i want to see if push back above the resistance/gap high of $268 to then push up to $275. I will taking calls above $268 (2-4 weeks out)

ContraryTrader

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$..

SimplyCash

And so the story goes, more funny money paper-handed retail selling out of fear without realizing what they hold. This move was way overdone and Market Makers and shorts capitalized on the fear. The growth story is intact - don't buy into the inflation fear and supply chain narratives.

ronskalit

Cup and handle with potential gap fill. Looking to open debit spread for January. Good luck.

pairmike

I'm looking to take profit on ADSK as it approaches the resistance area. Trade crypto and stocks in the daily fantasy game on TradeChamps.io.

EffyewMoney

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) ...

miknuke

NASDAQ:ADSK ADSK seems to have bottom out and getting acceptance above 282.03. Observed 30 mins TF breakout supported at 282.03 for later part of the day.

lauralea

I am re-posting this because I really screwed it up earlier by not erasing stuff from older posts. Patterns change and nothing goes up forever, except gas, cars, houses and groceries (o: Looks like a Bull Shark but market has been in a funk so I am in an overly cautious mode I think )o: Today was a decent day but I am not sure if it was just a relief day or...

thunderpips

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.

lauralea

ADSK looks to have formed a bullish harmonic pattern, a crooked M. I would guess this is a Cypher or a Shark as peak 2 is above peak1. The cypher pulls to .786 of the AC leg and is labeled XABCD with D being the PRX, point of reversal, or the completion zone. The theory being that once price makes it to D, a bullish trend should resume. The shark is labeled...

goledger

I know. Safer to buy a stock trading at a all time high (like AAPL) than hunt for oversold idea ... Unfortunately if we get a pause or a pullback in this NDX, stocks like ADSK will take another haircut as well.

SketchTrades

Excellent opportunity for a 15%+ trade here in the near future. Bounced nicely off key 280 support level on Friday after gap down and heavy selling following earnings beat. I believe the bottom of the short term dip is in and a nice trading opportunity presents itself. Bollinger bands present an overextention of the price outside lower band and volume incicating...

ContraryTrader

Primary channel/ Uptrend- Red lines Secondary / Super uptrend - yellow line Next week will be telling. if the market does head for a correction this could take a trip back into its Primary channel which even though its in a uptrend it would mean a 30% hair cut. Back in march when the nasdaq corrected Adsk actually fell and bounced off its Primary. ...

utlonghorn

$ADSK caught at the 0.5 fib retracement, usually a good spot for a quick scalp on a reversal following a big dump.

TradeTheTrends

Hello fellow traders and investors, ADSK has recently sold off approaching their earnings report which they beat. It offers a 20% ROI to it's previous high. Entry: Now Take Profit: ~345$ Stop Loss: ~281.50$ Technicals: -RSI=Oversold -Still trading under the 12SMA -Testing a support area Fundamentals: -Description: Autodesk, Inc. engages in the design of...

thomasdmd

Autodesk is on of the few long term growth stocks that has outperformed the QQQ for years. The stock is plunging now but just hit the 200 day moving average Is this a gulden buying opportunity ? Or catching a falling knife?

UnknownUnicorn2089696

We tried to catch the knife but we don't got filled with our long orders at 308.51$ . Atleast we have a gap at our turqouis line and maybe we see a gap fill before ADSK pushing new all time highs.