ADBE | Breakout Play After Earnings | Eyes on $360 and $390Adobe NASDAQ:ADBE has finally cleared the $350 volume wall, a level that’s acted as firm resistance for months. The breakout was backed by strong earnings, signaling momentum could continue as bulls step in. This move opens the door for a potential rally continuation, especially if the broader tech sector remains strong.
📉 Trade Setup:
I'm watching for a retest of support around $330–$335 — a former resistance zone that could now act as a solid base for the next leg up. A clean bounce from this area could offer a high-probability long entry.
🎯 Targets: $360 (initial), $390 (extended)
❌ Stop Loss: Below $310 to protect against deeper pullbacks
