It´s never too late to buy a stock. No one can determine wether it´s on its cealing or not. Sometimes all you need is historical data and a clear long signal.
It has been now more than 4 years since Adobe´s stock price started to increase at good rithm. For the past weeks it has been quite blurry to determine what could happen.
$ADBE has broken the triangle pattern created since its last highest, upwards. It is above the 50MA, the RSI has been latheralizing while the MACD forrest was negative. But now the MACD is about to turnaround positvely, plus the RSI is above the 50lvl. We can see this as clear long signals on a stock price to which I personally see no roof yet.
It has been now more than 4 years since Adobe´s stock price started to increase at good rithm. For the past weeks it has been quite blurry to determine what could happen.
$ADBE has broken the triangle pattern created since its last highest, upwards. It is above the 50MA, the RSI has been latheralizing while the MACD forrest was negative. But now the MACD is about to turnaround positvely, plus the RSI is above the 50lvl. We can see this as clear long signals on a stock price to which I personally see no roof yet.