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
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Paperback: 128 pages
Author: Shelley Allen, M.A.Ed.
Publisher: Fibonacci Inc.; 1st edition (2019)