Jan. 18 at 1:20 AM
$ADSK is flashing classic accumulation signals as the "buy volume spike" meets a high-conviction support shelf at
$260. 🏗️🔥
While the stock is down 12% this month, the tape shows institutional "whales" are quietly absorbing the dip, with over 90% of the float now in their hands. Options flow remains decisively bullish with a 0.72 put-call ratio and heavy positioning for a return to the
$360+ analyst consensus. If this support holds, the current reclaim of
$265 could be the definitive "bottom" before the next leg up. 🧱🚀
Key Levels to Confirm:
🐂 Bulls: Must clear and hold
$274.07 (50-day SMA) to confirm the bottom and trigger a run toward the
$292.50 max pain magnet.
🐻 Bears: A break below the
$259.27 intra-day low invalidates the bottoming thesis and opens the door to a flush toward the
$250 psychological floor.
#hovdid
