0HG3 trade ideas
Buy Alert for ANSSMy WT Cross Strategy has alerted me to a buy signal for Ansys INC.(ANSS), at a price of $176.67 using a 120-min time frame. My idea is to buy the dip, at price below $176.67. I will update when I get the signal to close the trade.
I am using the following parameters for this trade:
Channel Length - 1000
Average Length - 1
Average Length - 17
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I have a Pro+ subscription for Tradingview, so this gives me access to more data than someone with a free or even a lower tier sub. More data should enable me to construct a more robust model, so your mileage may vary if you are trying to use this strategy for a free account. Please use caution, and be advised. Good Luck All!
ANSYS Inc - LongPrice trended strongly over the last 2 years. Price came within correction channel to the major support line (beginning in February 2018).
Support line tested again, with buyers seeming to come back.
Buying at 172.37, Stop losses set at 169.60. TP1 177.95. TP2 189.45.
Technology stocks for 2018 #4 (ANSS)Sector: Technology
Industry: Application Software
ANSYS, Inc. develops and markets engineering simulation software and services used by engineers, designers, researchers, and students in the aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors industries and academia worldwide.
www.morningstar.com
For Options Traders this kind of trend offer they several opportunities they only need to wait for a price retracement and trade with (Your own strategies)
All the ideas in this series of publications called "Technology stocks for 2018" Are Trend Following.
No price patterns in this series. Do it easy, No technical analysis
Trend Following
ANSS Sort OpporunityAn intraday high potential, Back Tested Sort Analysis.
Market is currently closed. No market activity presented so far. We ll try to find an entry price between 152.23 - 153.35 just after the opening bell.
We ll try to enter into the correction of the uptrend movement tracking trend oscillators as below:
ADX slopes down pointing a bearish decline.
CCI diverges the price crossing down the zero level as well as shown in the chart.
OBV breaking down supporting trendline
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
