ADBE: Breakout of the range up.
Updated
The range resistance level could be broken upwards with the minimum target level in the 650 region.
Note
Potential:Long Call: Buy 1x 17th Sep $610,00 Call @ $2,82
Entry cost: $282,00 (debit)
Maximum risk1: $282,00
Est. return1 at target price: $3 718,00 (1318.4%)
It is safer to wait for the breakout of the resistance level upwards.
Trade active
Note
The growth rate decreases.
Trade closed: target reached
The target level has been achieved. The option price increased from $282 to $4348. The profit of the option is +1441%.
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