Price trended strongly over the last 2 years. Price came within correction channel to the major support line (beginning in February 2018).
Support line tested again, with buyers seeming to come back.
Buying at 172.37, Stop losses set at 169.60. TP1 177.95. TP2 189.45.
My WT Cross Strategy has alerted me to a buy signal for Ansys INC.(ANSS), at a price of $176.67 using a 120-min time frame. My idea is to buy the dip, at price below $176.67. I will update when I get the signal to close the trade.
I am using the following parameters for this trade:
Channel Length - 1000
Average Length - 1
Average Length - 17
I have a...
Industry: Application Software
ANSYS, Inc. develops and markets engineering simulation software and services used by engineers, designers, researchers, and students in the aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors industries and academia...
An intraday high potential, Back Tested Sort Analysis.
Market is currently closed. No market activity presented so far. We ll try to find an entry price between 152.23 - 153.35 just after the opening bell.
We ll try to enter into the correction of the uptrend movement tracking trend oscillators as below:
ADX slopes down pointing a bearish decline.