andrew.berg

ADBE support bounce play

Long
NASDAQ:ADBE   Adobe Inc.
ADBE entered in a nice uptrend since the beginning of October. Then after it built a nice upper level base that resolved to downside move then we had another point to make adjustments when it broke down trend line that was intact since previous year. After that stock enetered into range bound type of market and found some support at $60. It showed some commitment two last days and looks poised to make a move higher with potential targets at 63.59 then 64.94. Stops below $60.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.