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Monday, December 04, 2006 

Autodesk - has broken out an important resistance

Chart courtesy of stockcharts

Shares of ADSK rose more than 2% and it has broken out an important resistance area at $42.
The stock closed at 42.09$ and has traded between 29.56$ and 45.83$ in the past 52 weeks. The technical chart looks Bullish with both 50 dma 200 dma going up and MACD on top of 0.

Stocks to watch tomorrow : CMGI , BRLC , GEX , HSIC

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

To watch :
New Blog was added to my Blogroll take a loot at it Pro Investor Trader

That's All. Have a nice evening !!!

AC

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  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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