Adobe on a sale!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 break the 300.00 resistance.
The measured move target is 360.00.
Our profit targets will be 349.49 and 359.49
Resistance: 290.00 / 300.00 / 312.00
Support: 275.00 / 265.00 / 255.00
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