LRS SMA IndicatorLinear Regression Slope (LRS) applied to SMA. Shades green when value is > 0 and prices closes > SMA. by kasinathPublished 2
$ADBE #ADOBE INC. [1D] Next week's Plan...NASDAQ:ADBE Follow for similar updates... #AHMEDMESBAHby AhmedMesbahUpdated 3
$ADBEFollow trend line through resistance levels and scalp winnings. Tech stock close to ATH so things could change day to day. - AH trading has stock over 499 resistance line. If that holds try to grab at those levels. - Would much rather enter closer to 490-495 with either a bounce off support or 200D on a 5Min chart - Gap up on 10/1 - Only reason I could see is second wave of COVID fears driving tech again, no other news. - Just a guess, but 509 resistance seems like BO "Breakout" opportunity Trade at your own risk, I didn't hit your buy/sell button.by ChekDaMethodPublished 1
Divergence in ADBEThere is a divergence in ADBE. However, MACD points out that the price is falling and indicates that it is a matter of waiting to trade short, although the RSI points out the opposite. Shortby MiluskaRiveraHPublished 1
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. Longby gmanaPublished 112
$ADBE Break of Short Term Down Trend$ADBE broke above the down trend line yesterday. It looks to me as though it is going to continue to move up for the short term here. My entry $491.00, with a stop below today's low (all my trades right now have a very short leash). My 1st target is the daily resistance level of $506.00. If it can push thru that I'm looking at $535.00... All TBD. Idea's not Investing / Trading advice.by jaxdogUpdated 222
ADBE - Elliottwave analysis Welcome guys, CycleWave is the top author sharing trade ideas based on EW analysis since last four months on the global stocks, currency pairs, cryptos, future indices and commodities. ADBE - It is completed 5th wave and now within correction. It is in X wave as abc correction where 5th wave of c will be one more high away to end the correction. thereafter expecting down cycle. but wait for confirmation. by EWFcwPublished 2
ADBE WedgeNice wedge here, over 491 has a near target of 508 for a day tradeLongby mikebuysstocksPublished 0
Might be finally waking upIt has done a pretty good job of repairing the price action over the past 3 weeks. There are some other areas to repair, but if its gets through $500 I think it can make a push for $525Longby ag5Published 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-$560 range by late October Note This is NOT investment advice.Longby Triple_Barrel_CapitalPublished 225
ADBE triangle pattern again ADBE triangle pattern is appearing again. Get ready to buyLongby manish0109Published 1
ADBE short-term shortADBE created a decending triangle. Good chance that it will visit horizontal support line @463$ .Shortby NoamMizrachiUpdated 0
ADBEi think this is an obvious dip buy and good long term hold overall, holding well despite what the market's been doing, could keep coming down in the short term but i think we'll return to all time high pretty quickly when market gets going againLongby thetraderPPublished 0
Tari CondorHi guys, following the strategy W1 5% strike, Nice Iron condor, good profit! Enjoy your wallet! Tari.by TARITRADEUpdated 0
Rising WedgeADBE beat earnings a few days ago...yet the stock is going down? Possible Parabolic Arc. Strong stock so perhaps it's bottom is not too far away Rising wedge patterns can be bearish as there are not enough pull backs. I was trying to draw support lines but it was difficult to find several daily candles in a row as it seems ADBE never pulled back long enough to form support. The bottom trend line of the wedge is at 430ish and sometimes they find support there. It will most likely pierce this level though and could go down quite a bit more. 413ish to 383ish may provide support. Break out level for the prior V Bottom may also provide support Irrational exuberance causes Parabolic arcs and rising wedges The trend is your friend until it is not Not a recommendationby lauraleaPublished 1