looking for the break of $202 to go long on this name. Small triangle in what could be a bigger one. Supply zone at $214-210, so I would take most profits off there. good name!
On the chart of Autodesk(ADSK) we can see a double top pattern. For the whole year of 2022 ADSK has been in a downtrend and it is likely to continue in 2023. The double top pattern is a bearish pattern. Once the price breaks down the neckline and turns into a resitance instead of a support the pattern gets validated and the trade can be entered. Take your profits...
MA 10 based on close - yellow MA 20 based on close MA 20 based on High MA 20 based on Lows Using the Di+- for tracking increasing trend measurements An IFT (Inverse Fisher Transform) combo to trace directional price movement: CCI - white - Commodity Channel Index Stochastic - blue
The PEAD projected a Neutral outlook for $ADSK after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 71.43%.
W Formation has clearly formed on Autodesk showing upside to come. The price is above 200MA which confirms the bullishness. However, there was recently a breakaway gap which is concerning as 70% of gaps close. I don't trade when gaps are within formations so if I went long I'd only risk 1% or so as a gamble trade. Target $260.39
Autodesk Consolidated Edison --- 1- No stop loss. 2- 5x leverage NoT More! Becareful! Not more than leverage 5. - for buying shares: warning: Only leverage 5, Do Not Take More Than leverage 5. - for options is Excellent: 5 call option 3 months contract of Consolidated Edison for every One call option 3 months contrac of Autodesk . ---- Happy Trading!
Auto Desk (ADSK) wave 5 in progress and trying to reach the target price of $238 - $240. This is on a daily chart. Wave 3 showed some extension so wave 5 might not complete its full course. Another confluence is that RSI Crossed 50. Also, the MACD Line crossed the signal line.
ADSK 210C mentioned in yesterdays post are up 250% from the breakout. Excellent day. Whoever had these should have rolled them to 215C next week.
📌Autodesk price is break first zone, technically currently what can see, its for exepct now only bullish continuation 💡 ADSK technically based idea, we can see price is on SUPP zone-bouncing, technically indicators showing we can expect higher bullish continuation, based on technically readings expecting to see higher bullish continuation till targets marked...
ADSK is a fundamentally really good company. It is nearing a technical breakout over 206-207 area. It can have a ER run up if market stays strong. JUL 29 210C or AUG 5 215C could work.
The PEAD projected a Bullish outlook for $ADSK after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 55.56%.
Up channel in grey Previous double top at the first hammer Current price push will possibly lead to a second double top similar to the first one (at the first hammer) Bullish until the second top point forms
Idea - 1 Hello all. i'm bulliish on the Autodesk, inc. I will buy when NYSE open (3-1 ratio)