Autodesk - has broken out an important resistance
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.
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
