ADBE suppress by the top to bottom golden ratio of 1.382
This chart shows the weekly candle chart of Adobe's stock over the past two years. The top to bottom golden section at the end of 2021 is superimposed in the figure. As shown in the figure, the highest point of Adobe's stock in the past two weeks has been suppressed by the top to bottom golden ratio of...
Adobe's stock has risen by 4 small bands
This chart shows the weekly candle chart of Adobe's stock in the past two years. The top to bottom golden section at the end of 2021 is superimposed in the figure. As shown in the figure, Adobe's stock has risen by 4 small bands since the short-term bottom formation at the end of September 2022, and the bull momentum...
Adobe's stock will enter a downward trend!
This chart shows the weekly candle chart of Adobe's stock in the past two years. The graph overlays the recent top to bottom golden section. As shown in the figure, after bottoming out at the end of September 2022, Adobe's stock is now in the fourth largest upward trend band! The long up shadow line at the weekly...
Adobe is well on the way to completing wave B in green, although the course still has got some room to expand the current movement. However, before the resistance at $402.49 at the latest, it should turn downwards again. Thus, the share should drop below the support at $278.23 and into the adjacent gray zone between $278.96 and $227.74, where it should then...
Looking at the ADBE Adobe Inc options chain ahead of earnings , i would buy the $325 strike price Puts with
2023-01-20 expiration date for about
$17.25 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
