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TradeWithParas

ADBE potential buy setup

Long
Adobe Inc. (BATS:ADBE)  
TradeWithParas Updated   
BATS:ADBE   Adobe Inc.
Support and Resistance Supply and Demand ADBE adobeinc nasdaq stockpicks
4
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supportandresistance supplyanddemand adbe adobeinc nasdaq stockpicks
Reasons for bullish bias:
- Price bounced from support
- Gap down after positive earnings most likely would be filled
- Bullish divergence

Here are the recommended trading levels:
Entry Level(CMP): 521.19
Stop Loss Level: 481.40
Take Profit Level 1: 560.98
Take Profit Level 2: Open
Trade closed: stop reached
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