Comparing two points that are correlated from there points to the Fibonacci circle As they are in similar places, price tends to repeat itself, and it can be seen on the chart I am suggesting continuation along this larger white trendline for price
Adobe Inc. has a confirmed downtrend Adobe has broken down the trendline as well as the RSI trend line. this is a signal for a downtrend. The Renko chart and Ichimoku analysis confirmed the downtrend. the first target is 380 &
As I already analyzed in the video on Monday (see attached), Adobe just broke the prolonged Weekly Bull Flag since basically August 2020. We broke & closed above the resistance yesterday on the Daily. If the bulls don't fake out & see follow through this week, Adobe can now easily go towards $600 in the coming weeks & months. Some fundamentals : Adobe has seen...
ADBE is waiting for the next movement. Let's see if we hold UPTREND. You can BUY with a breakthrough, but it is pretty risky. Better to wait and start BUYing around $452. If we go lower next SUPPORT is $438. LEVELS LONG: $452 $438 $425 - STRONG BUY $417 - STRONG BUY
ADBE just broke the support around $463, and we are heading to another support around $438. This could be a good entry-level for long positions. The area from $417 to $438 is a big support zone. ADOBE INC is a strong company with a strong base of customers. The perfect subscription model with a monthly fee and irreplaceable software that is used worldwide...
BUY Adobeinc if closes above 510 sl 492 target 525/540
📈 NASDAQ:ADBE LONG D1 🛒BUY above = 503 🎯Target1 = 518.40 🎯Target2 = 528 🛑Stop loss or cancel trade = 477.80 🙈Recommended risk = (2%-3%)
High Expectation for the Adobe if the price break the 348.2 will up to 355.19
There seems to be some discrepency regarding the nature of the rising broadening wedge, with some thinking its bullish while others bearish. I believe it is bearish, following Bulkowski's chart pattern rules. Short should be placed just under or above 200DMA if deathcross follows through. For a rising broadening wedge to be valid three or more touches must be...
Corporate buybacks struggle against heavier rotation by Dark Pools. ADBE steps downward to bounce at support levels.
ADBE gapped over a short-term high resistance area and moved up on a velocity run. This is a new all-time high for ADBE.
Adobe Inc is pulling back inside a 1D Channel Down (MACD = -0.030, RSI = 51.065, Highs/Lows = 0.0000) after the late April High. Having made a Golden Cross formation in mid March, is waves a long term buy signal. But on the shorter term a tough phase is expected where the 1D MA200 should be tested again, most likely providing the necessary support for the new long...