Autodesk readies to pierce current support - Analysis - 21-09-2022

Economies.com
8 months ago

Autodesk's stock (ADSK) fell in the last session, amid negative signals from the RSI, coupled with negative pressure from the 50-day SMA, amid the dominance of the main downward trend in the short term. 

 

Therefore we expect more losses for the stock, targeting the pivotal support of 163.20, provided the support of 193.33 was breached. 

 

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Expected trend for today: Bearish 

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