In last evening’s Forecast Report, Autodesk (ADSK) signaled a potential early long play from 26.32 to 26.55, even closer to the 26.80 to 27.10 range.
In Wednesday’s pre-market, ADSK moved in a tight range, moving only as low as 27.20, just outside our target range. For investors who moved in at 27.20, that trade, measured to the day high of 28.49, is 4.7% in the black.
