ADBE Short Term Reversal from Doji HighADBE pooped higher but failed to hold. Should the market want a short term mini pullback - ADBE could be a good quick short through the low of yesterday - look for the close of last Friday to be a target around $282 - No Position - Watching for now... Good Luck, Trade Well
ADB trade ideas
If Then - ShortLets talk aboutb what you need to see for a directional trade to the downside
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Close below 267.50 along with Qs and Tech etfs rolling would be cause for entry to the downside with a target of 255
Would expect other technology stocks to be have similiar price action at the time. If not Conviction is lowered substantially. With no momo sector wide, no need for a position in this one. So look for a momo to pick up.
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