noam_chom

Ansys Long @ 196

Long
noam_chom Updated   
NASDAQ:ANSS   ANSYS, Inc.
revisit to trend top will be $250 or greater. long term bull goes to + $300
Comment:
cleared $200, now looking to break 215 and move toward high channel resistance around $240
Comment:
lot of excitement going into Nov 6th earnings, on a beat, look for the $250s
Comment:
Q3 beat EPS and revenue, guided up the End of year numbers. this should bump to $250 before Christmas.

the linear multi year bullish trend remains strongly intact
Comment:
still putting pressure on the mid trend resistance line. should break out eventually. consider profit taking above 245, and re-entry under 225
Comment:
arrived at $245, might have momentum to hit 255-265 now. hold on to your hat
Comment:
the fun is over on this trade. ANSS likely to be acquired which will dampen notable upside possibility
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