ADBE - CURRENT PRICE : 350.43
🔼 Short-term bullish outlook as price breaks above the downtrend line, signalling a potential trend reversal. 💪 RSI remains bullish above the mid-line, while MACD shows a positive crossover 📈, strengthening the upside momentum. ☁️ The Ichimoku Chikou Span (green line) is now above past candlesticks, supporting a shift toward bullish sentiment. Increasing volume on the breakout indicates strong buyer participation. If momentum continues, upside targets are at 170 and 190, with 130 as the key support to monitor.
ENTRY PRICE : 348.00 - 350.43
FIRST TARGET : 170.00
SECOND TARGET : 190.00
SUPPORT : 130.00
🔼 Short-term bullish outlook as price breaks above the downtrend line, signalling a potential trend reversal. 💪 RSI remains bullish above the mid-line, while MACD shows a positive crossover 📈, strengthening the upside momentum. ☁️ The Ichimoku Chikou Span (green line) is now above past candlesticks, supporting a shift toward bullish sentiment. Increasing volume on the breakout indicates strong buyer participation. If momentum continues, upside targets are at 170 and 190, with 130 as the key support to monitor.
ENTRY PRICE : 348.00 - 350.43
FIRST TARGET : 170.00
SECOND TARGET : 190.00
SUPPORT : 130.00
Note
There was a typing error in the targets and support.First target is 370.00
Second target is 390.00
Support level is 330.00
Thanks everyone for reading and for your understanding 🙏
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.