The Ascending Triangle on $ANSS Has Broken Down, But I Wouldn’t Worry Just Yet

The ascending triangle on $ANSS first identified on Twitter here has broken down. I’m not too concerned just yet, as this sometimes happens in something we call “an end run.”

I expect it to find support here or after perhaps another pullback but then to ultimately rally to the targets above us into next year.

ANSS


[UPDATE]: This has reached the first target. I will need to monitor the price action from here prior to making a new call.

ANSS


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