$ADBE with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ADBE after a Negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%.
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ADBECL trade ideas
ADBE - STOCKS - 27. OCT. 2021Welcome to our Weekly V2-Trade Setup ( ADBE ) !
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4 HOUR
Bullish price action!
DAILY
Closed above main support level..
WEEKLY
Looking for another wave!
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STOCK SETUP
BUY ADBE
ENTRY LEVEL @ 640.82
SL @ 593.48
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
ADBE Potential ATH BreakoutWatching for a break above all time highs for a bullish move.
Using Fibonacci extensions to gather future price targets.
The 1.13 fib will act as the level where we should watch for a retest of the breakpoint.
The 1.618 will act as a longer term target.
If needed, use the 1.27 to get a shorter term target.
This might be an ABC patternOk, this is a possible "ABC pattern" in the long term, if it can break the resistance of the ATH then the next would be on 720, but we need confirmation, otherwise it could be a "double top", also it might be forming a rising wedge, so it could mean a reversal soon, remember to set a SL and TP, money management is key to success. Waiting...