Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that as we are speaking Adove stock is actually approaching a quite obvious previous weekly structure area which is now turned resistance exactly at the $380 level. You can also see that overall weekly market structure is about to shift...
Adobe - 30d expiry - We look to Buy at 328.71 (stop at 312.61) Daily signals are mildly bullish. Price action is forming a bullish flag which has a bias to break to the upside. Trend line support is located at 327. We look to buy dips. We are trading at oversold extremes. This stock has seen good sales growth. 50 1 day EMA is at 329. Our profit targets...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Adobe - 30D Expiry - We look to Buy a break of 301.11 (stop at 284.98) With signals for sentiment at oversold extremes, the dip could not be extended. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Trading close to the psychological 300.00 level. We expect a significant move higher if prices manage to...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
ADBE Uptrend touch Buy the dip scenario while price is on trend line
Hi, Criteria inside the box: 1. 50% drop from the ATH 2. Strong horizontal levels 3. The trendline 4. EMA's from different TFs 5. Mid-numbers Do your own research and if its matching with mine then you are ready to go. Regards, Vaido
Comparing two points that are correlated from there points to the Fibonacci circle As they are in similar places, price tends to repeat itself, and it can be seen on the chart I am suggesting continuation along this larger white trendline for price
ADBE just broke the support around $463, and we are heading to another support around $438. This could be a good entry-level for long positions. The area from $417 to $438 is a big support zone. ADOBE INC is a strong company with a strong base of customers. The perfect subscription model with a monthly fee and irreplaceable software that is used worldwide...