ADBE - ADOBE Buying opportunitiesDear traders, Id like to share this idea in order to take long positions. Lets take adavantage of this sell off and start looking of buying positions. 450- 490$ is is a good price range to look for buying opportunities. best,Longby FITINTRADEPublished 228
ADBE February 24 Trade and Lessons LearnedAs shown on the chart, here was what happened I bought NASDAQ:ADBE on February 5, right near the resistance, expecting a break out into new high. The stock did not break out and started to go down. I sold 50% of my position on February 16 as it crossed down the MA-150 on huge volume. Actually I should have started selling on February 15 as it crossed down its MA-150 on higher volume. I was a little reluctant back then because the overall market was still very good and I hoped the stock will soon recover. At its MA-200, the stock started to move up again. On March 1 it crossed up MA-150 but could not go further, instead moved down again the next day. That was when I sold the rest of my position. Had it not recoverd from the MA-200 on February 21 and moved down below it, I would also sell the rest of my position. Similar to NASDAQ:AAPL (see the idea in the related idea section), this stock was a laggard during the uptrend from January 24. Lesson learned: When the overall market is in uptrend, you should put your money into the strongest stocks. If a stock is moving down its MA-50/150/200 during an overall market uptrend while other stocks are moving up, just sell it. You can always buy it later. Weak stocks during uptrend will become even weaker during correction. Strongest stocks during uptrend can struggle to move up during correction, but generally they will decline less than weak stocks during the same correction. by longsonvnPublished 4
ADBE Strong Selloff and Potential Buy OpportunityNASDAQ:ADBE met earnings expectations yesterday, but set low guidance for 2024. ADBE is having a strong selloff from this low guidance, and this selloff is taking place near previous all time highs. I think ADBE is a very bullish stock, and I am interested in buying this dip. I'm thinking there will be a buy opportunity below $480 and will track ADBE to look for a setup. More downside is likely for now.by realchartchampPublished 0
ADBE - Selling putsSelling Jan 400 puts - Vol. on the high end and gap @ $453 - $440. I don't see this dropping 20%. I am willing to take assignment. It opened today in a daily demand zone of 490.42 - 475. If it respects this demand it will not go longer than $475. by BubbalouiePublished 0
Long-term bullish zone 420-450ADBE gapped down 14% today below the 200MA. Such a huge drop has confirmed that it is correcting the whole rally from Sept 2022. Expect a bounce and further downside into the 0.5 to 0.618 retracement of this rally in the monthly timeframe. In the daily timeframe, it would coincide with the zone between 420-450 I expect in April. Short-term bearish until April. Long-term bullish. Great opportunity for long-term investment.Longby TraderBwaterPublished 0
ADOBE: RED FLAG! downtrend possible till summer & beyond (2025)An yearly upward cycle has had all the conditions to close and now a new T+5i is on the edge. This means that we can not go back to the tops for at least...3 months. 497.86 is the critical swing that if broken will bring downtrend at least till summer time at most till 2025. (this is also a first target price. In general such situation allows to have better profits Use by shorting the top rather than buy the lows. For ad hoc analysis on the stocks you want contact us in pvt. 08:02by TRADOMICS_Updated 4
$ADBE - Wait and see for nowNASDAQ:ADBE There is a potential head and shoulder forming. $500 is critical support. If that fails, $456 is possible. $456 area should provide a strong support. 👀by PaperBozzPublished 0
Adobe Tumbles Amidst AI Struggles and Fierce CompetitionAdobe ( NASDAQ:ADBE ), the pioneering force behind creative software solutions like Photoshop, faced a significant setback as its stock plummeted by 12% following a disappointing quarterly forecast. This downturn, fueled by fears of intensified competition and concerns over Adobe's ability to capitalize on generative AI integrations, underscored the challenges ahead for the tech giant. In the ever-evolving landscape of tech, Adobe ( NASDAQ:ADBE ) stands alongside industry heavyweights like Microsoft and Google, each vying for supremacy in AI innovation. However, Adobe's recent stumble has raised doubts about its capacity to effectively monetize AI features across its creative suite, leaving investors wary of its future prospects. Compounding the pressure are the emergence of AI startups such as Stability AI and Midjourney, poised to disrupt Adobe's longstanding dominance in the graphics industry. Analysts from RBC Capital Markets highlighted investor apprehension regarding the "GenAI upside," reflecting concerns about Adobe's ability to leverage AI for sustained growth and profitability. Despite forecasting $440 million in net new annual recurring revenue for its digital media segment, a decrease from the previous year's figures, Adobe ( NASDAQ:ADBE ) failed to meet market expectations. CEO Shantanu Narayen acknowledged the disparity between projections and actual performance, citing potentially inflated forecasts for the second quarter. The fallout from Adobe's lackluster forecast extended beyond financial metrics, potentially erasing over $30 billion of the company's market value. Despite experiencing a remarkable 77% surge in 2023, Adobe's shares have faltered by 4% this year, highlighting investor uncertainty amidst conflicting signals from the company. Analysts from Piper Sandler highlighted the challenge of deciphering Adobe's messaging, noting the company's ongoing efforts to monetize AI across its platforms. Despite these challenges, Adobe's decision to announce a $25 billion stock buyback signals confidence in its long-term strategy, following regulatory setbacks in its attempt to acquire Figma. However, Adobe's ( NASDAQ:ADBE ) stock valuation, trading at 30.41 times its forward profit estimates compared to industry peers like Microsoft and Salesforce, raises questions about its competitive positioning. As Adobe navigates the competitive landscape and grapples with AI integration challenges, the road ahead remains uncertain.Shortby DEXWireNewsPublished 3
ADOBE POST ER ANALYSISI have explained what actions to be taken now for ADBE. Do not trade options blindly. If you have any questions do let me know.12:46by THECHAARTISTPublished 161613
ADBE bullish for earningsADBE is looking bullish for earnings . I am posting this chart on 13th March 2024 at 11:38pm. Original entry was $535 &SL was $519.SL is still the same but target is $673 now. If you have any doubts feel free to DM. NOTE: DO NOT TRADE OPTIONSLongby THECHAARTISTPublished 272717
Took a major L on ADBE last week I may or may not trade ADBE this week. They have earnings but also have room to run to the upside and if key levels are broken to the downside, we have plenty of empty space in that direction as well. I'll keep my eye on ADBE but not a fan at the moment. 07:53by hayden_alex2021Published 0
Adobe Inc. (‘ADBE’)Shares of Adobe Inc. (symbol ‘ADBE’) have incurred losses in the last quarter of around 7% with the majority of it being made in the last two weeks of February. The company’s earnings report for the fiscal quarter ending February 2024 is due for release on Thursday 14th March, before the market opens. The consensus EPS is $2.97, against $3.57 in the same quarter last year. As of 30/11/2023, the company had a strong current ratio of 134% meaning that they have the ability to repay any short-term obligations with the current assets at hand and therefore be somewhat safe from any minor financial turbulence. Also, the total assets outweigh total liabilities at a ratio of more than 2:1 while long-term debt has declined by 0.14% year over year. All these indications show that Adobe has a sound financial image to display and therefore capable of attracting strong investors. From the technical analysis perspective, the price has found sufficient support on the lower band of the Bollinger bands and has corrected to the upside. At the time of this report being written, the price is testing the resistance of the 38.2% of the daily Fibonacci retracement level which is also an inside resistance area of price reaction in the early days of 2024. The Stochastic oscillator is in neutral levels indicating that the price has the potential to move in either direction while the 50-day moving average is trading above the 100-day moving average showing that the overall bullish momentum is still in effect. The Bollinger bands are also quite expanded therefore showing that volatility for the share is boosted. All of these combined support a possible buying narrative and if this is proven to be correct, then the first area of possible resistance might be found around the $585 price area given that the price manages to make a valid break above the $572 level which is the major technical resistance level of the short-term outlook. by Exness_OfficialPublished 0
Adobe ( technical analysis ) 04 Mar 2024 Date : 23 Mar 2024 Main Trend : Up preferred Transaction : Buy ( 568 $ ) Reasons : mentioned on chart Technical Analysis success at level : 675 $ Technical Analysis fail at level : 500 $by Algo0UAEPublished 113
Will OpenAI’s Sora Kill ADBE Stock?Very recently, OpenAI shocked the entire world when it revealed its newest AI tool, Sora, an extremely impressive tool capable of transforming text prompts into captivating and realistic videos. The boundaries of what OpenAI can achieve seem to be expanding at an unprecedented rate, first with text-to-image conversions, and now with text-to-video magic. Some investors are wondering where there is even a limit to what OpenAI can do. This sentiment was clearly felt by Adobe (NASDAQ: ADBE) shareholders, with ADBE stock dropping as much as 12% when Sora was revealed. As Adobe takes its time to come up with a response to Sora, there’s another industry player that stands to benefit immensely from OpenAI’s relentless pursuit of AI advancements, and that company is Intel (NASDAQ: INTC). OpenAI’s Sora Maybe you’ve already seen the viral video of golden retriever puppies playing in the snow, and you might have been surprised to find out it wasn’t a real video, but one generated by OpenAI’s new tool, Sora. The videos Sora makes are very realistic – some might even say too realistic. Still they have some errors in them but these are difficult to notice since Sora creates videos where everything is moving at the same time. While, Sora is not available for public use yet, OpenAI shared that it can generate videos up to a minute long and this was enough to affect ADBE stock. It appears, investors are already pricing this new competition in since ADBE stock is still down 5.8% since this new tool was revealed. Now the question is whether Sora can replace Adobe and if so, how long does Adobe have left before Sora overtakes it. Why is Sora Considered a Threat to ADBE Stock? Adobe is famous for video editing software like Adobe Premiere Pro, which includes AI features like Auto Reframe and Scene Edit Detection. These automatically convert existing video clips into different aspect ratios and can analyze an edited clip to break it into smaller clips. Yet, these AI features are not able to generate a video from a text prompt like Sora. When it comes to generative AI, ADBE has Adobe Firefly, which can generate images from text prompts and automatically add or remove objects. Unless Adobe is able to swiftly upgrade Firefly, consumers will begin to wonder why they should buy Adobe’s products when OpenAI has two products – Sora and ChatGPT – that do the same things and more for just one subscription. A Market Overreaction? Despite this, Sora may not be a threat to Adobe just yet. With a market cap of nearly $245 billion, Adobe is the leader when it comes to photo and video editing software. Its 2023 Q4 results marked a new record for the company, as it generated over $5 billion in revenue for the first time. This was a 13% increase YoY, and its GAAP EPS reached $3.23 representing 28% growth YoY. Looking at its results for the full fiscal year, Adobe had $19.41 billion in total revenue, representing 13% annual growth with a GAAP EPS of $11.82. Clearly, Adobe is in a strong position and its decision to invest heavily in AI technologies will help it presrve its economic moat. Right now, Adobe is investing in AI to develop micro-interactions in websites and digital products to enhance user experience and engagement. The company also announced plans to use AI to improve the accessibility of digital content using automatic image description generation and video captioning to make content accessible for people with disabilities. Even though the company suffered a setback when its attempted acquisition of Figma was blocked, Adobe is still committed to generative AI, particularly with Firefly. Adobe’s focus on this key growth area, may ultimately decide whether Sora overtakes Adobe or not. Yet, its difficult to overlook how OpenAI beats Adobe since its offerings don’t even need editors. Any user can design a logo with simple text prompts or create a video. While this is undoubtedly a key driver of Sora’s success, Adobe’s advantage may lie in its distribution. In 2024, Adobe recorded 29.5 million active subscribers of Adobe Creative Cloud, which includes Photoshop and Premiere Pro. These products are used by over 90% of the world’s creative professionals. Thanks to this firmly established customer base, when Adobe releases a new product its existing users will simply adopt it, also the stickiness of its products will help prevent or delay its replacement with other products. Given Adobe’s forays into the generative AI space, and its leading position in this market, it seems likely that it will release a product, whether its Firefly or something else, to compete with Sora. OpenAI x Intel Partnership? While Adobe may be on the negative side of OpenAI’s push to develop new AI technologies, on the positive side is another company – Intel The CEO of OpenAI, Sam Altman, recently made headlines when he appealed for up to $7 trillion to develop silicon-chip manufacturing capacity to power artificial intelligence. This $7 trillion is equal to more than 20% of the United States’ GDP. Altman not only made headlines for this incredible sum of money, but more importantly for his statements that the chip industry currently lacks what is necessary to support the development of data centers and infrastructure. The person who brought AI to the masses saying that the chip industry is lagging behind caught a lot of attention. Even though this price tag may seem absurd, if the US is to emerge as the chip industry’s global leader, then the investment must be massive. According to Altman this is actually his goal, which is why the scale of this undertaking would require OpenAI to take on partnerships to achieve it. Similarly, Intel aims to be the West’s leading chip manufacturer. Which is why Intel’s foundry event in San Jose was so important. Altman, the CEO of Microsoft (NASDAQ: MSFT), US Secretary of Commerce Gina Raimondo, and a host of global semiconductor business leaders from Arm Holdings (NASDAQ: ARM) to Broadcom (NASDAQ: AVGO)attended. And during the event, Intel provided important updates on its foundry strategy. While still small, in Q4 2023 this business segment saw a 63% increase in revenue YoY. Additionally, Intel’s lifetime deal value for its foundry business is now over $15 billion, indicating strong growth potential in areas like advanced packaging. It’s also likely that industry giants like Nvidia and Qualcomm will partner with Intel for packaging and/or wafer capacity. Intel is the US market leader when it comes to advanced packaging – the process by which multiple devices are merged and packaged as a single electronic device. The need for foundry and advanced packaging is expected to increase with the rise of AI, because advanced packaging is a lever to enhance overall chip performance beyond traditional geometric scaling on transistors. If OpenAI’s plans for transforming the supply chain for AI and chip technologies become a reality, Intel could greatly benefit. Considering their shared goals and abilities, it seems likely that OpenAI will partner with Intel in the future. ADBE Stock Forecast Overall, the introduction of Sora does not necessarily mean the end of Adobe or catastrophe for ADBE stock. In fact, those bullish on Adobe’s investments in the field of AI could take this dip as an opportunity to go long. But that does not mean that Adobe’s current lead is garaunteed. The future of ADBE stock depends on the company’s next moves. If it is to preserve its moat it will need to make significant investments to play catch up with Sora. Its strong userbase gives Adobe some leeway as it finds its path forward now that its deal with Figma has been blocked. As for Intel, investors should keep a close eye on its foundry business which could rise to the occasion presented by Sam Altman and others leading developments in AI. While the future of AI and the United States’ position in this technological revolution will depend on the actions of not just industry leaders, but regulators as well, it appears as if the foundation is set.by Penny_Stocks_TodayPublished 3
ADOBE BargainTechnicals: Daily ExDiv1 Weekly Fake Crown Forming. Bears to be stopped out at 638.93. Weekly Extreme with uHd Weekly Chikou does not confirm daily double top. There is a high probability for bears to give up at the highs. Weekly Fake Crown in the making: Daily ExDiv1: Longby RocketmanPublished 2
ADBE- Adobe is an AI stock but gets no credit Buy the Reversal ADBE and its Creative Cloud is most definitely part of the AI supertrend, It will help creative content work faster and with more creativity. The company has a healthy balance sheet and not a Johnnie Com-elately. As a megacap it does not move fast but it is as steady as it gets. Not to be in the headlines with ARM, PLTR, GOOG, MSFT and a whole bunch of others, it makes its money the old fashioned way it earns it keeping its legions of subscribers productive with its products and the support of them. On the 240 minute chart, I have shown price action cycling through a slow trend up and then a breakdown through the VWAP bands. Price is now reversing with a signal firing on the mass index indicator. The first target is 590 at the mean VWAP bandline while others are 615 and 640. In many ways software companies like PLTR and MSFT are hotter than Super Micro-Computers ASML and the semi-conductors. I need more software companies in my deployed plays. ABDE is setup for a trade up and I will take a long trade of stocks and some call options. Longby AwesomeAvaniUpdated 3
ADOBE ADBE - $535 Entry / Target $650+0. Earnings coming up in March; 1. More notes to follow;Longby drchelsea1Published 5
Adobe Faces New Challenge as OpenAI Enters Video Creation SpaceAdobe (NASDAQ: NASDAQ:ADBE ) found itself on shaky ground as OpenAI, the renowned artificial intelligence startup, unveiled its latest innovation: Sora, a groundbreaking text-to-video generator. The announcement sent shockwaves through the tech industry and prompted a sharp decline in Adobe's ( NASDAQ:ADBE ) stock price, signaling a new era of competition in the realm of creative content creation. OpenAI's Sora represents a significant leap forward in AI capabilities, with the ability to transform simple text descriptions into lifelike video scenes. This remarkable technology promises to revolutionize the way videos are produced, offering unprecedented levels of creativity and efficiency. Unlike previous AI models that focused on written articles and static images, Sora opens the door to dynamic storytelling through video content, with intricate details and realistic motion. The impact of Sora's debut was immediately felt in the financial markets, as Adobe's ( NASDAQ:ADBE ) stock plummeted over 7.41% in response to the news. Investors reacted swiftly to the prospect of OpenAI encroaching on Adobe's ( NASDAQ:ADBE ) territory, fearing the potential disruption to the company's flagship Creative Cloud suite and its dominance in the creative software market. OpenAI's Chief Executive, Sam Altman, wasted no time in showcasing Sora's capabilities on social media, sharing sample videos that captured the imagination of viewers worldwide. From whimsical scenarios like "Two golden retrievers podcasting on top of a mountain" to more complex narratives, Sora demonstrated its versatility and potential to redefine visual storytelling. For Adobe ( NASDAQ:ADBE ), the emergence of Sora poses both a challenge and an opportunity. While the competition from OpenAI may threaten its market position in the short term, it also serves as a catalyst for innovation and adaptation. As the boundaries between human creativity and AI capabilities blur, Adobe ( NASDAQ:ADBE ) must embrace this paradigm shift and leverage its expertise to stay ahead of the curve. The sharp decline in Adobe's ( NASDAQ:ADBE ) stock price highlights the need for proactive measures to address the evolving landscape of AI-driven content creation. Beyond the immediate financial implications, Adobe ( NASDAQ:ADBE ) must reevaluate its product strategy and explore ways to integrate AI technologies into its existing offerings. By harnessing the power of AI to enhance user experience and streamline workflows, Adobe ( NASDAQ:ADBE ) can reinforce its position as a leader in the creative software industry. In conclusion, OpenAI's introduction of Sora marks a pivotal moment in the evolution of content creation, signaling a new era of competition and innovation. While Adobe ( NASDAQ:ADBE ) faces challenges in adapting to this disruptive force, the company has the resources and expertise to navigate the changing landscape successfully. The road ahead may be uncertain, but with the right strategy and vision, Adobe ( NASDAQ:ADBE ) can continue to inspire creativity and empower creators worldwide.Shortby DEXWireNewsPublished 224
ADOBE LONGbased on pure wyckoff perspctive, it looks like there is a change of character which signifies transitioning of phase C of wyckoff event to phase D position initiated as attached Pure Wyckoff Longby drsyarizUpdated 2
ADBE OutlookAs you can see the cloud is a bit greenish for a while and its a healthy cloud while the price action seems to be in consolidation potentially to breakout in this coming days in technical side of it the price just cross above the tenken sen while the kijun sen remains flat and below the price which considers a good bullish trend while the chinkou span is pointing upwards.Longby AkishiiiiiPublished 0
Gnarly BreakoutADBE has been whipsawing bulls and bears since its last earnings report. Last Friday it made a decision and broke out - bulls have it from here near term. Initial Target = 640 by 1/26/2024 Goal Target = 670 by 1/31/2024 After hitting targets it will likely get a pullback to 630-640 in early Feb before continuing higher to test ATH 700 by March 2024. I'll send an update of which calls I'm entering on Monday 1/22.Longby JerryMandersUpdated 242432
Trade Planning: Learning Through Consistency and DisciplineIm going to do a series of posts that are all about trade planning and learning about consistency and discipline through a practice. In this exercise, I will be consistently planning, executing what I planned, and documenting 30 trades. A trade plan consists of a method, trade management, position sizing, documentation and review. A trade plan should state ahead of time, exactly where to enter, where to place stop, how the trade is managed, where to exit, and position sizing. This kind of accountability and responsibility offers a contrast to the our normal ineffective emotional impulses that we usually make our trade decisions from so that we can make a choice. I will talk more about each part of the trading plan future posts. This exercise is not about the method, a setup, picking the right stocks, being right, winning, loosing, or predicting markets. It doesn't matter if all the trades are losses. The purpose is to learn about consistency and discipline through your own personal insight. Its through discipline and consistency that we begin to re-wire old ineffective habits and develop an effective mindset for trading markets. Doing something consistently also offers a bassline to compare and truly learn. There is often resistance to this kind of responsibility. If you want to take up the guidelines of the practice, just step into it as much as your ready for and make it your own. This is not meant for you to follow my trades or worry about my method or setup. Its not important and besides, my setups lose most of the time anyways. Use your own method, there are plenty out there and work on making it as simple and objective as possible. I also suggest you start out sim trading this or using very small size. Editors' picksEducation19:37by ShaneBlankenshipUpdated 1717463
ADBE Testing ResistanceADBE is showing some great strength and testing the local high set in the middle of December. It's been consistently bouncing off the 50 EMA on the 65min chart and looks ready to break through. Might happen today, or even better, a Monday red to green should send it straight through on high volume.Longby SWRLSPublished 0