ADOBE INC

ADBE NASDAQ

natxobaile

Even in the shaken market of last week its behaviour was really strong. It is leaving a really bullish setup. I would wait to see how the market is behaving next week before go in TP1: 636 TP2: 711

lauralea

ADBE appears to have been in a symmetrical triangle, then broke up from the triangle briefly, came back in and then broke down from the triangle. ADBE looks to be bouncing around between the trendlines of a rectangle or a horizontal trading channel. You can find mid rectangle by subtracting the lower boundary from the upper boundary. This can make a good stop...

nilray

Still within that high and tight flag, divergence may have worked itself off (this may bite me back!!) , trend as per my look is NOT down

shojinam

This is a test.

Option_Traders

For Mar 19, off the 200sma

ContraryTrader

Bought the dip on Adobe today after the Nasdaq found its bottom near 12985 fib. swinging this out to channel top for a 7%move. highlighted last few channel bottom touches. stop loss 458

HR_D

Have just initiated a long postion on ADBE. Strong company that has shown resilience over the last year. I see this as a good entry point upon market shake-off. Some fundamental stats that make me bullish and positive on this one (as of Feb2021): - 3 Year EPS Growth Rate: 29% - 3-Year Sales Growth Rate21% - Annual Pre -Tax Margin42.3% - Healthy CashFlow from...

StairsTrades

ADBE had a bit of a selloff on Friday. Here are the levels I'm watching for ADBE for next week. #RedDevilTrades

RamiSegal

NASDAQ:ADBE

siyasmanga

Adobe is currently testing the neckline on the possible inverse head and should, some might argue that it is a pennant formation . its ok ...what we need to see , is the market breaking with vol and close above the neckline, to avoid false breakouts , we need to allow the market to retrace and find support

ContraryTrader

They really snuck that money in the last 10 mins . Alert kicked in at 497 , i entered at 498. If the market holds up I expect a big week from adobe and wouldn't be surprise if some great company specific news arises. link to my previous post on this and explain down below. Stop loss at 495

dnorth

This is very likely a bullish trend, but it's better to react on a bull break. Any sort of market uneasiness could cause a bear break, so don't count your chickens before they hatch! If consolidation continues, then we should get a break within 1-3 months.

deepiceman

After basing for the past 6 months, it looks ready to go north yet again.

IboProtrader

Finally, $ADBE reached our target, I am expecting the market to be volatile in the coming days so this one can cool off, however, the long term view on $ADBE remains bullish

yasen362

Adobe is not acting well compared to overall market but it is acting very well with it's tight price action. make sure to set an alarm to play this break out. last earning hand 74% surprise. not actionable right now but if the market pulls back and adobe shows relative strength will add a position.

giantkungfupanda

After consolidating for a good 5 months since September 2020, ADBE appears to be attempting a breakout (finally) out of the symmetrical triangle. If it can hold on to 500 for a couple of days, that will confirm the breakout.

TaPlot

Adobe has been moving sideways in the last 5+ months forming a symmetrical triangle pattern . The stock has been in hibernation similar to $NVDA but that was not the case from 2011 to 2020 when the stock had a 2230+% run! A breakout from the 5 months symmetrical triangle to the upside could signal the end of this consolidation phase and the start of yet another...

SMART_MONEY_MARK

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