hitchcoxg

ADBE.NYSE Adobe 30% Upside Possible Fibonacci Trend Cloud Study.

Long
hitchcoxg Updated   
BATS:ADBE   Adobe Inc.
Adobe's recent correction to the 0.5 Fibonacci level is seen with a possible reversal pending should the 0.618 be broken to the upside.

The Chart should be self explanatory. Note: These Predictions are normally 75% accurate, so there is a 25% Possibility for further downside also.

Dedication will be required and is a +1 year Study.

As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.

Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.

Regards Graham.

Comment:
AI and competition Companies could slow this one down.
The Formulae I use is -

PV=FV/(1+r)^t Present Value = Future Value / (1 + R Rate of Return ) ^ Time.

So rather deploy Cash for a better Gain is the Simple meaning.
Time is Valuable. Don't sit in a Trade or Investment if looks it will not perform.
Getting out early (With Profit) never lost Money.

We all have FOMO - Just Manage it.

Smash that Rocket Boost Button and also follow me should you Appreciate my Studies and do comment. I try to Reply and also Assist where possible.

Kind Regards
Graham.
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