AZPN had an immense parabolic run up.
The stock just finished breaking it's major support, and has now started distributing.
Expecting downside from here.
Love how earnings is coming right up.
Bigger image, without indicators.
Hello all, putting up another Hyperwave chart, this one I found while going through Russel index one by one and luckily found it early as I was looking alphabetically... Although it is not a macro global type of company that I'm aware of, the structure is clearly in a very clean Hyperwave. One thing to note is if you go back far enough price was above the Phase 1,...
Industry: Business Software & Services
Aspen Technology, Inc., together with its subsidiaries, provides software and services in the United States, Europe, and internationally. It operates through two segments, Subscription and Software, and Services. It supplies asset optimization solutions that optimize asset design, operations, and...
$AZPN put in a higher high and a higher low today despite the overall softness in the market. It is also coming off its trend line support as well as breaking back above the 0.764 fib and the 20 day moving average. Finally the RSI is not overbought and the ADX remains very strong indicating that the trend remains in tact and is unlikely to reverse.