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.
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...
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.
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...
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.
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...
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. ...
$ADSK caught at the 0.5 fib retracement, usually a good spot for a quick scalp on a reversal following a big dump.
Hello fellow traders and investors, ADSK has recently sold off approaching their earnings report which they beat. It offers a 20% ROI to it's previous high. Entry: Now Take Profit: ~345$ 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...
28/Jun/2021 09:34 AM AUTHOR: Brandon Gum -- Industry leader in their space. If it works, it works. ======================
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?
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.
Price broke out of 9 month-long ascending triangle Price supported well above 200 DMA Earnings coming up
Target Range Entered ($315-$321). Take Profit Here: 318.00
I would let this roll over first and break marked support. Do your own due diligence and respect overall market direction and sentiment S.
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.