ADBECL trade ideas
ADOBE long entry [Just an idea]Hi traders,
Adobe has been a great investment for traders. It tripled in value in the 3 years. I am looking for a long entry after the retracement.
Entry: $ 90.56
Stop: $ 87.73
Target: $ 99.94 = R:RR 3.31
Good luck.
ADBE- Buy Put on Earning ADVE- Option Put buying on earning
Trade Logic: Strong insider selling in stock & in related industry, high probability head & shoulder pattern & Earning Option Play
Entry Price: 99.50, option entry $2.55
Target Price: First Target 95.37, Second Target 91
Option: Jul2016, 97.5 Put for $2.55
You can check our detailed analysis on ADVE in the trading room link here-
Trade Suggestion Date: 21/6/2016
Trading Room - Executive summery link: www.youtube.com
Time Span: 9:00”
Trade Open: 21/6/2016
Trade Close: N/A
Profit/Loss: -
ADBE Post earningsIm basing my prediction on the support and resistance ranges from the gann fan. I believe it will begin to trend up at least above resistance from previous trend.
GRAND SUPERCYCLE (1) ENDING!!!Adobe has had quite a healthy run! ...So expect it to get sick - very VERY SICK! But then it'll get better, waaay BETTER! Go LONG @ $8 / share =p
buying opportunity on the way to the southA setup on 1H timeframe, setup transfer to Daily is possible. There are no new lows in the 1H TimeFrame, and the flag has now formed. I'm waiting for a breakout above 94.50.
Sell at the break!Price is in overbought.
Inversion is imminent.
We had the sell signal when pirce broke down the green support.
READY TO SHORT!!
Possible H&S forming on ADBEH&S might be forming on ADBE. It is s strong topping pattern and indicates reversal of trend. Watch for price to drop through neckline at 92.5 with high volume to confirm.
Higher Handle on ADBEInstitutional buying is occurring in ADBE. Higher handle consolidation forming. Breakout buy point $95.19
gap fill wound't be a bad place to go longextend the movement in this region would release some steams and cool down rsi
Upward channel Adobe has been in an upward channel since Septemebr 2013. Though overall stock market has been volitional the channel thus far remains intact. As long as the bottom support line holds up it looks like ADBE will continue to rise.
$ADBE - Model Eyes 97.11 Reversal; Geo Sees 46.85 TargetSYNOPSIS:
Predictive/Forecasting Model sees reversal at 97.11
Geo's Off-Set Rule #3 sees support at 46.85
Interim Bullish support expected at 66.60
Best,
David Alcindor
Predictive Analysis & Forecasting
Durango, CO - USA
Twitter: @4xForecaster
Linked-In: David Alcindor
TradingView: www.tradingview.com
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