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justinsandell
Jan 18, 2021 10:15 AM

ADBE Becoming Oversold 

Adobe Inc.NASDAQ

Description

I am bringing to attention that ADBE is at an oversold territory, it is due for a bounce back up anytime soon. With any sign of momentum, oscillators will quickly be pointing towards a buy for Adobe. I would not suggest buying at market open, but rather look for a reversal on macD or similar oscillator.

I wish you great prosperity in your trading thank you for viewing.
Comments
AidanMDang
I agree, ADBE is a long!
justinsandell
@AidanMDang, My long ADBE position has worked very well for me today!
karl_jr
I don't know. Just because a stock is being oversold doesn't mean that it will start going up. We need more signals
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