Will the Rounding Bottom hold or fail? Plot your targets on the chart.
Gradual reversal from bearish to bullish.
Market participants tracking Autodesk should note the latest formation. Price has moved to $245.25 (3.32%) amidst recent volatility. Price action has carved out a classic Rounding Bottom. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $249.14, targeting $312.78 with support near $217.32 (R:R 2.0).
What is your outlook on ADSK?