Gelium

ADBE: Breakout of the range up.

Long
Gelium Updated   
NASDAQ:ADBE   Adobe Inc.
The range resistance level could be broken upwards with the minimum target level in the 650 region.
Comment:
Potential:

Long Call: Buy 1x 17th Sep $610,00 Call @ $2,82
Entry cost: $282,00 (debit)
Maximum risk1: $282,00
Est. return1 at target price: $3 718,00 (1318.4%)

It is safer to wait for the breakout of the resistance level upwards.
Trade active
Comment:

The growth rate decreases.
Trade closed: target reached:

The target level has been achieved. The option price increased from $282 to $4348. The profit of the option is +1441%.

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