0HJF trade ideas
*Day Trade* on ADSK with CALL OPTIONSThis is more for education on options. I pretty much never post my day trades, but please let me know if you're more interested in day trades in addition to position trades. I used Heiken Ashi candles because 15 minute candles on stocks are usually too messy. Heiken Ashi candles smooth out the price action so it'll be easier to visually see the structure.
Execution:
I bought Oct 16 232.50 calls for $8.31 (for those that don't know, each option contract is 100 shares, so that's $831 per option). I expect to be out of these by today, or no later than the end of this week.
Here is a link of the options contract: finance.yahoo.com
I will post my profit or loss no later than October 16th (option expiration), but most likely by week's end (my expected exit).
This is a chart I posted the other day on the stock AEM that I also traded with options. I am still involved in the trade:
PLEASE LET ME KNOW IF YOU ARE INTERESTED IN LEARNING MORE ABOUT TRADING WITH OPTIONS JUST LIKE THIS IN THE COMMENTS SECTION.
ADSK - Elliott wave analysis Welcome guys,
CycleWave is the top author sharing trade ideas based on EW analysis since last four months on the global stocks, currency pairs, cryptos, future indices and commodities.
ADSK - It has completed impulse at major swing high and now correcting down in WXY correction, where X is progressing in ABC where 5th of C of X wave is in progress, which can extend higher too. so wait for it to complete before reversing it for Y wave down.
Oversold, in a broadening formationADSK has nearly tapped ATH recently and fell down with the market weakness. It seems to have rallied and looks oversold. Fib retracement was done from recent swing high to low, levels included. Ideally an open at or above the current level right at the fib would backtest and hold, providing ideal entry.
$ADSK broken out of range, has space above ATH$ADSK has recently broken out for all time highs after a 35 year history. This could break higher and continue to run alongside other cloud names. RSI >60 reflects recent moves while showing there's more potential upside ahead.
🖌️ ADSK 8/31-9/11 Trade Plan 🖌️ Long
-Above @245 and we'll see @250.03.
-Holding over 249 and we'll retest that @253.47-254.40 and @259-265 (ATH price target)
-SL @243.15
Short
-Below @243
-PT @239.40-238.60, and rock solid support @234.75-235.00
-SL @245.15
$ADSK Autodesk Earnings Trade
Potential entry @ $254
Upside target to $280
Always a risk into earnings.
C&H Rising WedgeEarnings 8-25 amc
Not a recommendation
Rising wedges are long term patterns but have a bearish bias
$ADSK Autodesk Earnings Bullish Targets
Stock enters earnings within a 3 month congestion channel phase, with indicators all turning bullish.
Potential Targets
$273.50 is measured channel move (100% of current channel)
$260-266 Local Fibonacci expansion target zone.
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TTD ADSK7.9.20 TTD ADSK In this video I discussed more market dynamics in both of these equities. TTD is definitely a bullish market that is making new highs and has no structured that suggest resistance because there is no resistance based on the past and this has certain challenges to it. There are certain details that might be of interest, things we can look for, not as an absolute commitment that they will happen, but we have a chance to analyze previous behavior and what future behavior might look like. I will follow up on this chart regardless of what happens after today. ADSK similarly has made all-time highs and has no resisting structure, but it does have behavior from the past which is very important to recognize in my opinion, and if you had recognizes behavior you have a way of interpreting the market and taking advantage of this market when it was trading around structure, and for that reason it's worth looking at ADSK. I did not have time to talk about the current transitions in ADSK which actually give us some information that we can work with, but I will address this on a future video.
C&H Past Breakout AutoDesk broke out a little while back from the cup and handle pattern
Possible Targets? 247, 264, 274
Target 2: 320 to 350
Breakout Algo Buy SignalNot Trading or Investment Advice!!!
My breakout algo issued a buy signal on 6/5.
Buy at 233.71
Wait for update on exit price
Risk control:
use 3% of portfolio capital
THE OPPORTUNITY of AUTODESKHey traders,**DISCLAIMER** content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. AUTODESK can break its solid support or just bounce up.
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ADSK Up ChannelAutodesk has been in a bullish channel recently. With earnings reporting lower than expected, price may falter, but continue with long term growth soon after. A buy at $193 would probably make sense, as that has been a line of both support and resistance in the past.
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.
