AutoDesk (ADSK) has had a 38% run in April and may be vunerable if the overall
market rolls over after regaining just over .618 yesterday the the Feb/March rout.
Watch the direction of the overall market and try to extinguish a long or establish
a new short position near the top of the green box.
This a 3 hour plot so the window may be short.
That said I wouldn't be too agressive in shorting let the market tell you.
Earnings are sheduled for mid May
Good Luck
S.
market rolls over after regaining just over .618 yesterday the the Feb/March rout.
Watch the direction of the overall market and try to extinguish a long or establish
a new short position near the top of the green box.
This a 3 hour plot so the window may be short.
That said I wouldn't be too agressive in shorting let the market tell you.
Earnings are sheduled for mid May
Good Luck
S.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.