Long up to 580, pull down to 540. Long again at 540.
NASDAQ:ADBE thinking $572 with a broad market rally could take this to $578+ // bear scenario we validate downtrend and lose 567 with room to fill gap $560/558
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. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...
Hey Trader, please see my current idea on the Adobe stock where my count suggests a return of around 10% by longing this stock. For further informations please see below, RT
NASDAQ:ADBE ADBE, 4 Hrs , Crab Harmonic Pattern Buy @ 461.95 - 450.14 Sell @ T1: 546.92 , T2: 606.71 Stop Loss: 441.28 Please. Read the disclaimer, and do your own diligence. ------------------ DISCLAIMER: I am not a financial /investment advisor. All information i am sharing here is for entertainment purposes only and should not be considered personal...
Adobe has traded up off the trendline today and formed bullish RSI, CCI and OBV divergences.
When the Covid pandemic began affecting many people throughout the workplace and in their homes, companies such as NASDAQ:MSFT , Zoom and NASDAQ:GOOGL began rapidly designing software to accommodate for this very new sprouting market that nobody had ever seen before. A whole line of business dedicated to allowing people to perform their work assigned tasks...
A double top looms on the chart. the price went up for a long time and now it looks like it wants to take a breath. What do you think?
AMD went up for a long time, forming new highs. Now the price needs to gain strength for a new rise, so I am waiting for a correction and a rebound from the level..
the price draws a correction A-B-C, which will only add strength to the subsequent rise. The goal is the same, only you need to wait for a rebound from support
Stocks go up for a long time and confidently, and apart from a temporary respite there is no reason to doubt further growth. I expect a price around $ 700
This is a chart of $CRM. The bars pattern is of $FTNT. You can do this with $ADBE and a number of other tech stocks as well. You'll probably notice $ADBE is leading, I'm betting $CRM will follow. Both will catch up to $FTNT. The structure is ready, we've been drawing this bull flag forever. We've lost all hope in stocks. Biden flushed everyone out that is scared...
The price goes up for a long time, gaining strength to renew the maximum. I expect a breakdown of resistance and growth to $ 700
The company's shares have been steadily rising for several weeks now. So far, there is no reason to stop the progressive movement of the global trend. I expect the price to break through the resistance. Target 720 $
NASDAQ:ADBE Extending to the left you can see the monthly 0-1-2 fib extensions, on the right are the 2-3-4 fib extensions. As you can see there is still a lot of room to the upside on the monthly 5. Looking down into the weekly, you can see we have just finished a 2-3 move up out of a Wyckoff re-accumulation. At the deepest part of the monthly 4 you there was...
adobe was a good performer last year , but there is always an end to every bullish rally, it looks like this for me ...
The weekly time frame shows a clear bounce off of previous trendline resistance-turned-support. A test of $525 is likely.