ADBE — High end of today's range Short

Adobe Inc.NASDAQ

Description

⋅ Jul 28, 2015 6:33 PM

Price at the highest so far today.

I think a downtrend has been established for ADBE and I think it ain't going up much more today. I'm shorting ADBE like I'm shorting NFLX — short it on the bounces, cover after it goes down. A mirror of the classic "buy the dips" strategy.