
Morning Trend | Autodesk key support retest, is the opportunity for a reversal by the main force coming?

Autodesk (ADSK.US) experienced a weak dip yesterday, with a noticeable increase in selling volume during the session, leading to intense long-short battles throughout the day. The technology software stocks in the same sector exhibited a seesaw effect, dominated by outflows of main funds. Community traders are highly focused on whether this critical support can hold, and whether there is a high probability of a major player’s unusual rebound or a second wave of decline in the short term. Recently, Autodesk has not had any significant positive news, mainly affected by the overall rotation in the software and engineering industries, with subtle changes in global orders and economic expectations exacerbating market volatility. Mainstream large funds are cautiously waiting, preferring to observe macroeconomic data and software index trends. From a technical perspective, Autodesk is extremely close to the lower Bollinger band, with both KDJ and MACD in the bearish zone, leading many funds to exit to avoid end-of-day risks. However, there is heated discussion in the community post-market: does the current low-volume pullback indicate that the main players are setting up a bottom? If there is a significant rebound in volume, it could easily attract traders to position themselves. Currently, the main focus of the market is whether the key support can withstand repeated tests and whether large funds will express their intent to enter. If there is an unexpected positive development or a collective recovery in the sector, a short-term rebound could ignite at any moment; however, if the support fails, a deep correction may occur. Aggressive traders are advised to amplify signals of intraday movements and closely monitor for sudden surges from the main players
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