ADBE I'm not long but I like it here at this level - not for options, though. it's short term oversold (based on my parameters). i'd average in on any continued weakness and sell into strength as each buy becomes profitable.
I'd be surprised if it's not profitable from today's level (509.46) within a month, more likely a week or two unless there's a total market breakdown after the Fed announcement today. if it holds 500 I feel better about the shorter end of that prediction. if it breaks 500, the newer positions would become profitable sooner, obviously, so averaging in and not overextending is key.
i'd post it as an idea, but I feel obligated to my followers to keep updating it if I do that and i've got enough to deal with regarding those i've already posted and positions i'm already in.
ADBE Looking for a potential combo that might confirm an envisioned scenario for ADBE in case new things will change the tune for it. Red Zone resistance triggering a bearish wave, and a rebound with push and ultimately power push later from around the yellow zone. Following the price action near this elements and zones to watch for any signs of confirmation of these potential wave scenarios.