Autodesk, Inc.
Panjang
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AutoDesk ending downtrend?

211
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.
Nota
$197 - $202 gap is our next consolidation area to break or to see a pullback.

Penafian

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