$ADBE - Channel runningWe have witnessed an almost robotic systematic trading scheme where we see a 5-6 day 8-10% run up and a 2 day 6-8% pull back. We are currently @ 5 days and 7% up, so buying here would be foolish if you are looking for a long term hold. Ideally, Im looking for a $375 entry point on the next pullback and setting a $355 stop loss if things go sour.
Trade ideas
ADBE could make it to $410ABDE was affected by the coronavirus pandemic. It went down the same amount as the time then it went up $60 so that's why it could reach heights of $410. But last time it took 25 days so you have to be a patient investor. Now is the time to get in on it while the price is still low. Also we won't see a pullback for a good month. As you can see on the RSI it is below 60 which means it is neither overbought nor oversold, but it is leaning closer to the overbought side. If the RSI becomes 70-75 that means it is overbought and that you will see a pullback.
ADBE correcciónADBE continua dentro del canal alsista, por el momento es solo una corrección, rebotando en banda superior de Bollinger y testeando la media de 20
ADOBE continues with the bullish channel, for the moment it is only a correction, touching in the upper Bollinger band and testing the EMA 20






















