Selling Adobe shares
At the hourly chart of ADBE, the price is in a corrective wave after a bearish impulse, as it had recently rebounded from the 61.8 Fibo level. Also, a sell signal was formed in a form of the latest fractal. Breakdown of its level would be an optimal level to open short with SL at the peaks of the correction.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.