Adobe ADBE slowstoch is coming out the 20 zone. Title is coming from a 6 consecutive loosing days and slowstochastic crossing above 20 could be a good signal of reversing. Stock strenght is above 63. Watch the stock and lets see on lower timeframes if there is a entry signal (may be 212 to 212.24). If today the stock makes a PBT&CA at 212.24 that is my entry point!
Disclaimer: This is just my tought: don't invest based on this idea.
Trade closed: target reached
Sell now before goes down. Target reached at 224.14
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.