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Adobestock

ADBE suppress by the top to bottom golden ratio of 1.382ADBE suppress by the top to bottom golden ratio of 1.382 This chart shows the weekly candle chart of Adobe's stock over the past two years. The top to bottom golden section at the end of 2021 is superimposed in the figure. As shown in the figure, the highest point of Adobe's stock in the past two weeks has been suppressed by the top to bottom golden ratio of 1.382 in the figure, and the high point in early June and low point in mid August this year are exactly 2.000 positions in the top to bottom golden ratio in the figure! So, in the future, just use the top to bottom golden section of 1.382 in the figure as the watershed to determine the strength of Adobe's stock!
NASDAQ:ADBE
by Think_More
Adobe's stock has risen by 4 small bandsAdobe's stock has risen by 4 small bands This chart shows the weekly candle chart of Adobe's stock in the past two years. The top to bottom golden section at the end of 2021 is superimposed in the figure. As shown in the figure, Adobe's stock has risen by 4 small bands since the short-term bottom formation at the end of September 2022, and the bull momentum has been perfectly released! The recent peak of Adobe's stock has just peaked at the top to bottom golden ratio of 1.618 in the picture, and now it has fallen back to 2.000! In the future, the top to bottom golden ratio of 2.382 in the figure will serve as the long short divide for Adobe's stock!
NASDAQ:ADBE
by Think_More
Adobe's stock will enter a downward trend! Adobe's stock will enter a downward trend! This chart shows the weekly candle chart of Adobe's stock in the past two years. The graph overlays the recent top to bottom golden section. As shown in the figure, after bottoming out at the end of September 2022, Adobe's stock is now in the fourth largest upward trend band! The long up shadow line at the weekly level last week indicates that in the short term, bulls are weak! In the future, Adobe's stock will enter a downward trend!
NASDAQ:ADBE
by Think_More
Adobe: Well On The Way 👍Adobe is well on the way to completing wave B in green, although the course still has got some room to expand the current movement. However, before the resistance at $402.49 at the latest, it should turn downwards again. Thus, the share should drop below the support at $278.23 and into the adjacent gray zone between $278.96 and $227.74, where it should then conclude wave b in gray. There is a 32% chance, though, for Adobe to continue the ascent above the resistance at $402.49. In that case, we would consider wave alt.b in gray to be already finished.
NASDAQ:ADBE
by MarketIntel