Autodesk Breaks Above Key Moving Averages on Earnings Pop. Should You Buy ADSK Stock Here?

Autodesk (ADSK) stock closed comfortably in the green on Nov. 26 after the software giant posted market-beating financials for its Q3 and raised its guidance for the full year. On Wednesday, ADSK was seen trading briefly well past two of its major moving averages (50-day and 100-day) – signaling continued upward momentum ahead. More News from Barchart Despite the post-earnings rally, Autodesk stock is up only 2% versus the start of this year. How to Play Autodesk Stock After Its Q3 Earnings While ADS ...