$ADSK AUTODESK HAS EASY 20% LEFT IN THE TANK***Today's upgrade to $200 is not surprising for this ultra growth stock, upgrades seem to be a daily occurrence from the analyst community. who are we to argue. Its a long.
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ADSK is heading up after earning .. price target 190 in 3 monthsADSK is heading up after earning .. price target 190 in 3 months, next year 230 area.
[ADSK] It's starting phase 4 -> Don't Buy!Last week the price went under the MM30, so it's officially starting the phase 4. I think you should sell.
$ADSK Inverted head and shoulders patternADSK is forming an inverted head and shoulder pattern. Above $140 and it can run to about $160.
Flag for ADSKLet us wait and find out what happens over the near term to see if a flag continues to form.
Time to face the facts, autodesk is overvaluedI thinks its very likely that this company will have a pullback very soon, i will be watching it closely
ADSK looking to go lower sharply. Gaps to fillADSK looking to go lower sharply.. Coy hasn't turned a profit in recent years but mania keeps pushing it higher in hope.
$ADSK Will History Repeat?I expect a retest of the upper trendline and then a dive (similar to the gap up on earnings that happened mid-May in 2017) over the next 6 weeks to the bottom trendline. For now just waiting.
ADSK25th - Short C to D leg Setup.
Weekly level Break & fail with Price pushing back higher. Stoch Low (50%)
Daily Retraced to 50/61.8 level. Price showing Break of key Wk level with push higher level (touch 1).
Looking for Touch 2 & Trigger Short to 109 level first Target. 116 or 115 Puts
ADSK30th Nov. Massive Retrace. Found some Support at Fib level & previous S/R Level. RSI oversold. Needs time to recover and then work higher. Jan 115 calls.
Trading below 3 month support line.Stock up +100% since July 2016. Current base is wide and loose on the weekly. Daily RSI at 50, price trading at the mid-point of the linear regression channel and more importantly trading below support.
9.3.17 | Educational Content | Dows Theory Applied to Patterns(Code-Name_Virtue)
Charles Dow's theory states the market has three trends, Primary being the longest, Secondary moving along the Primary, and Minor (the shortest) moving along the Secondary. Consider which level of the trend you're chart pattern is forming on and it will help you determine which type of position you should focus on for your trade. In the example above we see that the Cup + Handle chart pattern would have been classified as a Secondary level chart pattern, and the analysis therefore should focus on a Secondary level position.
Retracement in ADSKA Failed Breakout. Possibly will try again but first retrace back to 50 SMA support combined with 61.8% Fibo Level.
$ADSK trend continuationhigher time frame is in defined uptrend with healthy pullback
mid time frame is showing a rising ma after minor accumulation and weakening downtrend breaking out of downtrend line with positive momentum and volume pressure
lower time frame is showing positive strength after price was overextended and pullback to intermediate moving average and working it way back up
looking for price to break through the 106.1x resistance area and first target to 106.7x for a break of that resistance higher
LONGTrading the Cup and Handle pattern. Breakout clearly visible (handle and 83.00 resistance). Currently testing support. Daily/Weekly close above 83 support area will confirm this trade. R:R 2.2
Action Alert: Significant Topping Signal Appears On $ADSKShares of Autodesk, Inc. (NASDAQ:ADSK) shot higher in early trading, only to reverse into the close. The stock hit a new multi-year high before staging the impressive reversal. This is a bearish sign and the candle formation is known as a topping tail. Topping tails by definition are bearish reversal signals. Investors should be fully aware that big money is selling and smart money is shorting.
