Not to late to go short, all confirmations check, rupture of the support, pullback and now a flag pattern. I'm going to entry short now, but wait until the flag's break is a good option too
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...
Tough times for Adobe and its investors. The software giant is facing the biggest stock decline in years. The price already reached the COVID-19 bottom and it looks like this is not the end. The rapid lifting of the interest rates by the central banks means more reduction in consumer demand and lesser price increases. In the near term, sales and profit margins are...
I popped on this chart on Daily and Weekly and it shows a morbid picture of the price heading to $6.90... I hope I am wrong, because these eternal giants don't deserve such a crash.
Flat finished. We are due for another fractal. Betting on further growth given relative and short term growth in the indices. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink...
Adobe - 30D Expiry - We look to Buy a break of 301.11 (stop at 284.98) With signals for sentiment at oversold extremes, the dip could not be extended. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Trading close to the psychological 300.00 level. We expect a significant move higher if prices manage to...
Pessimism is all over with analyst calling for recession & another 20% drop from 390. SPY already made an impressive recovery from June Low even touching ma200 line but then falls back to the 390 zone after high inflation data. Further rally was again delayed by FDX declaring recession & slashing guidance. Adobe also contributed to the pessimism after investors...
ADBE just broke above some resistance lines as shown in the chart. Here I used GANN lines. It broke above a small resistance zone & the downward channel. If the huge inverse H&S pattern plays out, there Will be a huge upside with TP at 555. A fundamental very good company with a lot of moat. Not trading advice
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.
A new bullish opportunity comes from Adobe Inc. Higher lows and higher highs are forming an uptrend price channel with a reasonable risk-reward ratio. 1st resistance is 0.236 Fibo level located in the middle of the channel at $425. 2nd resistance is located at $ 460. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. ADBE is overall bullish trading inside our brown rising broadening wedge and it is currently sitting around the lower bound so we will be looking for trend-following buy setups. For the bulls to take over, we need a break above the gray minor support/resistance zone. ...
ADBE rejected 88.6% Fibonacci support after the price broke above the resistance trendline. This might be a good entry point for buyers.
According to my chart analysis , Adobe adbe show strong signal to sell , sell adobe adbe Now
Adobe - Short Term - We look to Sell at 380.40 (stop at 401.40) The medium term bias remains bearish. The gap open from 10/06/2022 to 13/06/2022 has now been closed. As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels. Further downside is expected and we prefer to set shorts in early trade. Our profit targets...
ADBE Uptrend touch Buy the dip scenario while price is on trend line
It's coming back from oversold level, this next leg up towards 530 can be strong and fast. Earnings on Jun 16 and that could help. It's for short term trade only and I am in general bearish overall market.