ITM.Trading

Bullish technicals with support at $41.67

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NASDAQ:AZPN   Aspen Technology, Inc.
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$AZPN put in a higher high and a higher low today despite the overall softness in the market. It is also coming off its trend line support as well as breaking back above the 0.764 fib and the 20 day moving average. Finally the RSI is not overbought and the ADX remains very strong indicating that the trend remains in tact and is unlikely to reverse.

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