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ADBE

It´s never too late to buy $ADBE It´s never too late to buy a stock. No one can determine wether it´s on its cealing or not. Sometimes all you need is historical data and a clear long signal. It has been now more than 4 years since Adobe´s stock price started to increase at good rithm. For the past weeks it has been quite blurry to determine what could happen. $ADBE has broken the triangle pattern created since its last highest, upwards. It is above the 50MA, the RSI has been latheralizing while the MACD forrest was negative. But now the MACD is about to turnaround positvely, plus the RSI is above the 50lvl. We can see this as clear long signals on a stock price to which I personally see no roof yet.
NASDAQ:ADBELong
by gmana
1
$ADBE Adobe Poised for a Run$ADBE Broke out of a falling wedge pattern to the upside today on the daily chart, held the 20d ema line as support and closed above recent highs. Expect to see a strong continuation move in the coming days. Also of note, we saw some bullish unusual options activity late last week with 5k $420.00 strike (deep ITM) Jan'21 calls traded Friday vs open interest <300 or 19 times OI. These contracts were over $8k each for a total premium outlay of $42.1M - this was likely a large hedge fund trade. Near term target - $540-$560 range by late October Note This is NOT investment advice.
NASDAQ:ADBELong
by Triple_Barrel_Capital
2
Is Adobe on its Way to the Clouds? 🎨 | ADOBE ($ADBE)📷 With more and more people working from home and taking part in remote and digital workforce companies like Adobe have never been more relevant. While Adobe's dominance in the digital creative market during these times is reason enough to be bullish going into what analysts predict to be favorable earnings, Adobe's chart is the real icing on the cake. We have noted on the chart as to how the prior all-time-highs (ATH) being broken above have turned out, and it is a safe assumption this ATH break will have a similar effect. It shouldn't be too hard to find a good long setup here, so let's look for one. Resources: www.earningswhispers.com ✨ Drop a comment asking for an update, we do NEW setups every day! ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- 1. Fractal Trend is showing a clear uptrend (Aqua colored bars) on the 4-hour timeframe. 2. With this strategy, we are looking for long setups in an uptrend and as such want to enter long on retests of bullish order blocks plotted by Orderblock Mapping (Aqua colored lines) and/or bullish S/R levels plotted by Directional Bias (Aqua colored lines). 3. The setup here is to buy the S1 S/R flip and orderblock cluster and then to ride ADBE up to new all-time-highs (likely riding on the back of the NASDAQ once it breaks through its previous highs. 4. Our stop is set below S1 giving us enough room to see a liquidity hunt. Our target is then current set to offer a solid 1:5 risk-to-reward ratio, although anything 1:3 or greater would be acceptable, so there is room to let this one run or take profit early as needed depending for example on the strength of the broader market. 5. While there aren't any notable levels above us (all-time-highs have that effect), we do have clear support below at the S2 major pivot point should we move lower for whatever reason. Good luck tech bulls!
NASDAQ:ADBE
by AlphaBotSystem