ADSK Autodesk Options Ahead of EarningsIf you haven`t bought the dip on ADSK:
Now analyzing the options chain and the chart patterns of ADSK Autodesk prior to the earnings report this week,
I would consider purchasing the 280usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $11.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Autodesk
ADSK potential Buy setupReasons for bullish bias:
- Price bounce from strong support
- Price respecting long-term trendline
- Safe Entry at LH breakout
- Bullish divergence
- Positive Earnings
Here are the recommended trading levels:
Entry Level(Buy Stop): 224.11
Stop Loss Level: 187.95
Take Profit Level 1: 260.25
Take Profit Level 2: Open
ADSK Autodesk Options Ahead of EarningsIf you haven`t bought ADSK ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of ADSK Autodesk prior to the earnings report this week,
I would consider purchasing the 210usd strike price Puts with
an expiration date of 2023-11-24,
for a premium of approximately $4.00.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
ADSK Autodesk Options Ahead of EarningsAnalyzing the options chain and the chart patterns of ADSK Autodesk prior to the earnings report this week,
I would consider purchasing the 200usd strike price at the money Calls with
an expiration date of 2023-8-25,
for a premium of approximately $6.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
ADSK - Still Dropping - BearishOn 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 and the target can be targeted.
All further details are shown on the chart.
P.S. Enter short position only if/when the price breaks the neckline!
Goodluck!
Auto Desk cautiously bullish to $260.39W 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
Buy 5 shares of ED for Every One share of ADSKAutodesk
Consolidated Edison
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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 .
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Happy Trading!
ADSK Elliot Wave 5 in progress 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 LONG POSITIONWe just finished 1-5 Elliot Wave, ABC correction and XWY combination, and bounced off of a strong monthly demand zone, we already missed out on an entry, but we can still enter now but our R/R is low, I would suggest waiting for a retrace to an entry zone, because market made tiny gap while bouncing up which should be filled and we should get a good entry.
Entry 192 (After a retrace to entry zone for better R/R, we can enter now, but risk reward ratio is very low)
Invalidation 123 (Just below Demand zone)
Target 1: 260 (50 Fib zone)
Target 2: 299 (Daily gap zone)
Autodesk analysis : selling signalAdsk breaks the moving average with a scary volume + and a big diffrence in price between the closing of the market on 23 Nov and the opening on 24 Nov .
the ADSK value wil plunged to reach the 215.83 support. and then we will discus the possibilty of the breking or not-breaking the support
ADSK Dip Looks DoneADSK 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)
MACD has made a sharp bend back up toward the signal line, well-suited for a potential crossover further reinforced by RSI crossing over EMA12.
Long term uptrend untouched, set to new ATH this year.Please note this is just an idea, invest at your own risk.
Autodesk is clearly in an uptrend long-term, however has been trading in a range for the past half year.
It recently touched the 200MA, which has been a stable support historically for the stock.
Avoid buying if it breaks 275 level of support.
I think the current 293 can be a good entry, although an alternative entry around 305 can be a safer play.
If it moves up strongly over 305, I expect it to test ATH at 322.
Happy to get feedback on my idea.
AutoDesk ending downtrend?Autodesk is breaking the downtrend from late February.
Closing above $190 would put us above horizontal resistance, and deny the double-top formation.
When using fibonacci retracement lines, we see strong support at the 50%, and we are now rallying of the 61.8%.
Important to mention they come out with earnings Wednesday 27th after-market.
Buying a week pre-earnings has been a strategy working well for me so far.
Watching closely.
ADSK looks interesting hereClearly defined support and resistance in an ascending channel. If it's going to rise to around $200, it will first need to break out above a descending trendline around $167. I'd maybe put on half a position here and add more if it falls to the bottom of the channel or if it breaks out above the descending trendline.