15.11-2007 Autodesk stockcharts updates. Not sure if these yellow lines marks another smaller rising bear range for pricetick, oscillators however showed some bullish improvement recently, but in longer run this chart is as bearish as my Adobe one (even this is bit smaller in priceterms), only exception is that that this one could still try to hit very top again, but for me situation has not changed, everything in the top of the wedge is short for me. Updated oscillators chart locate also below.
7.11-2007 AutoDesk Update. It looks alike here we have another software house which charts won´t look happy for very long, this is not quite so ready as adobe starts to be, but in great progress. Whenever you short wedges you should enter only at very top of the wedge.
Autodesk Inverted Head&Shoulder pattern, considered as new motive & impulse wave on action now. Ended wave 2 for SMA200 line&RSI30, wave 3 should be able to clear SMA50 line soon. There were also much smaller wave2 just taken out. My immediate target for this wave count stands at X1.618 wave size 2, which should easily solve previous doubletop marked in the chart.
$46.31 (11/18/07)
