$ANSS Ansys Testing All-Time-Highs

Ansys could reach $223/share with definitive break

I’m watching the engineering software company, Ansys, very closely for a definitive break of the $191 level, which represents the all-time highs from last September. This is now the second test of resistance. A break here would target the $220-$223 level at the 161.8% Fibonacci retracement.

Charts made with Optuma Software

About the author

I am the founder of fibonacci.com and an avid trader. I am also the co-founder of Texas Precious Metals, a top US precious metals company. In 2006 I was a contestant on The Apprentice with future president, Donald Trump. I live in Texas with my wife and five children, where I spend my time dodging snakes, changing diapers, and charting.

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