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poggo_
Jan 11, 2023 3:35 AM

ABDE long Long

Adobe Inc.NASDAQ

Description

Perfect example of range trading. It's been trading in this range for exactly 2 months, and I think the breakout/breakdown move is coming. I'm long $339.20, targeting the upper trend $356 and possible into the gap fill @365.65. Avwap from August high acting as support ~~$324 which will be my stop loss. Anything below that pushes it to gap fill, which starts @303 and closes at @317.42.
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