TradingView
Gelium
Jun 8, 2021 9:06 PM

ADBE: Breakout of the range up. Long

Adobe Inc.NASDAQ

Description

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%.
More