NASDAQ:ADBE met earnings expectations yesterday, but set low guidance for 2024. ADBE is having a strong selloff from this low guidance, and this selloff is taking place near previous all time highs. I think ADBE is a very bullish stock, and I am interested in buying this dip. I'm thinking there will be a buy opportunity below $480 and will track ADBE to look for...
ADBE is looking bullish for earnings . I am posting this chart on 13th March 2024 at 11:38pm.
Original entry was $535 &SL was $519.SL is still the same but target is $673 now.
If you have any doubts feel free to DM.
NOTE: DO NOT TRADE OPTIONS
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that as we are speaking Adove stock is actually approaching a quite obvious previous weekly structure area which is now turned resistance exactly at the $380 level.
You can also see that overall weekly market structure is about to shift...
Adobe - 30d expiry - We look to Buy at 328.71 (stop at 312.61)
Daily signals are mildly bullish.
Price action is forming a bullish flag which has a bias to break to the upside.
Trend line support is located at 327.
We look to buy dips.
We are trading at oversold extremes.
This stock has seen good sales growth.
50 1 day EMA is at 329.
Our profit targets...
$ADBE The wolfe wave indicator is increasing in popularity as we continue to see more people using it and enjoying the results. There is a massive setup for a gap fill 425 before filling any of the gaps above. The gaps that are above will likely fill on the next earnings run up or early January 2023.
The weekly setup was triggered the last week of October and...
$ADBE The wolfe wave indicator is increasing in popularity as we continue to see more people using it and enjoying the results. There is a massive setup for a gap fill 425 before filling any of the gaps above. The gaps that are above will likely fill on the next earnings run up or early January 2023.
The weekly setup was triggered the last week of October and...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
Not financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Adobe Inc (ADBE) has reached a strong Monthly demand level around 510.97 price level, A bit still expensive for some folks but a good area with jump in. This is a great opportunity to buy ADBE for those of you who trade Stocks.
Chart currently forming a cup and handle to retest $583.
KEY LEVELS:
$583 (resistance)
- If broken, could close gap to $600
$550 (Support)
- If broke, could fall to $500 and more.
ADBE. Let's try to make money from rebound from resistance on 1h timeframe.
Take profit ≈ $624 (+11%)
Stop lose ≈ $548(-2,3%)
this is not a financial recommendation.
Take care.
Welcome to our Weekly V2-Trade Setup ( ADBE ) !
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4 HOUR
Bullish price action!
DAILY
Closed above main support level..
WEEKLY
Looking for another wave!
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STOCK SETUP
BUY ADBE
ENTRY LEVEL @ 640.82
SL @ 593.48
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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