Autodesk reports earnings after the closing bell on Tuesday, and analysts expect it will report a quarterly loss of 42 cents a share. Of interest to investors will be guidance for its
Let's see what the charts say.
The daily chart shows that the stock has been above a "golden cross" since April 18 and that its 200-day simple moving average provided buying opportunities between June 24 and July 11. A "golden cross" occurs when the 50-day simple moving average rises above the 200-day simple moving average, indicating that higher prices lie ahead. Investors should...