1ADBE trade ideas
ADBE near Confluence Support - 33% ROI PossibleNASDAQ:ADBE is currently nearing a confluence support (an area where multiple support elements are combined) at around $410-$420. Nevertheless, opening a first position right now is already an option given the attractive valuation and the horizontal support (blue zone). In addition there are two big daily gaps (red zones) above the current price giving us some potential pulling factor towards $580. The trendline you can see is very weak and has only two real re-tests in October 2022. So, take that with a grain of salt and try to concentrate more on the horizontal support and the $410-$420 area (61.8 fib).
Looking at fundamentals (I know most of you are not really interested in such things, but they do help with swing trades) we can see a price-to-sales ratio of 9.xx suggesting upside of 50% when comparing it to the long-term average of 14.xx. ARR increased 23% YoY to $3.48B. In terms of AI, firefly generated more than 16 billion assets so far, and FY24 revenue increased by a little more than 11% to $21.51B. Current PE ratio is just short of 22.
So, adding here and more towards that $410 will give us a huge potential ROI over the next couple of months.
Support Zones
$440
$410-420
Targe Zones
$540
$580-600
Adobe (ADBE): Patience Pays Off After 35% RallyFollowing our last analysis of Adobe (ADBE), the stock saw a 35% rally from June to September, only to flush back to our preferred range—a clear reminder of the importance of considering the bigger picture rather than chasing every setup. Six months later, Adobe now trades below our initial analysis levels, reinforcing the value of patience. Currently, the stock has tagged the 61.8% Fibonacci retracement level, showing a promising reaction. However, reclaiming and flipping the key resistance at $446 with strong momentum is crucial. If this level is reclaimed, we will look for a pullback to bid at this key zone.
Should Adobe fail to reclaim $446, another drop toward the $386–$350 support range becomes highly likely. As such, we are not rushing into long positions for the sake of being positioned.
On the fundamental side, Adobe faces critical challenges as investors question its ability to monetize new AI features and fend off competition from emerging startups. These factors will play a key role in shaping the company’s outlook. For now, we remain patient, watching for clear rejections or reclaiming of the key levels.
Key Resistance: $446
Key Support: $386–$350
ADBE - Pullback From The BalanceNo, I don’t like Adobe.
But it doesn’t matter at all which company I like or don’t like. My only goal is to make money in the markets.
Let’s take a look at what we have on the chart:
Adobe has reached the centerline.
The market is in balance and has reached Pivot 3.
According to Andrew's Framework, P5 is considered a reversal point, whereas P3 is expected to see a relatively smaller pullback before P5 ultimately unfolds.
Nevertheless, a reversal is likely at the centerline. Additionally, we are in a support/accumulation zone after the market has dropped over 40% from its 2022 high.
I'm stalking a long entry and put my money to work.
Long ADBE <--- ME §8-)
Adobe: In Our Target Zone!The ADBE stock has continued its downward movement, heading directly toward the center of our beige Target Zone (coordinates: $449.61 – $331.93). With this range now reached, the minimum requirement for the ongoing correction has been met. However, our primary expectation remains that the price will engage more extensively within our Zone, as we anticipate the bottom of the beige wave x to form deeper within it. Once the low is established, we expect the subsequent wave y to resume the upward trend and surpass the resistance at $640. There, the larger blue wave (b) should be completed as well.
Adobe Inc. (For Study Purpose Only)Buy Recommendation
Entry Price Range: $468 - $480
Stop Loss: $430
Target Price: Based on your analysis or risk appetite (suggested to review the stock's historical resistance levels).
Rationale:
Strong Fundamentals: Adobe continues to lead in creative and digital software solutions, with consistent revenue growth and profitability.
Market Leadership: Dominant market position in creative software like Photoshop, Premiere Pro, and cloud-based solutions.
Valuation: The recommended range provides an opportunity to enter during a potential pullback.
Disclaimer
This recommendation is for educational purposes only. Always consult your financial advisor before making any investment decisions. Stock trading involves risks, including the potential loss of capital. Ensure to evaluate your risk tolerance and conduct thorough research.
Adobe Long postionHypothesis: On the Monthly Timeframe, $445-$420 is a strong area of demand with multiple buys out of this zone since 2020.
Action: Set buy limit orders into this zone, with a stop limit at $414.5. Sell Limit is $560. I will likely sell some positions here and set a trailing stop limit if momentum is good towards the upside.
Buy in AdobeAfter several corrections in Adobe's price and a punishment from investors after its quarterly report, Zone 1 and Zone 2 buying are interesting under the company's fundamentals.
An oversold RSI, price below the moving averages and in areas that could function as support, give us an opportunity for revaluation in the medium term.
On the fundamental side, its revenues and EPS continue to rise and with a projection to continue growing, Is there any doubt whether or not this company should be bought?
1/6/25 - $adbe - Buyer <$430, but nuanced1/6/25 :: VROCKSTAR :: NASDAQ:ADBE
Buyer <$430, but nuanced
- at *almost* 20x sales (a hair above), it's not "easy" to buy a software co trading nearly 8x sales growing "only" high single digits and facing question marks about generative AI offer, monetization, "canva" threat etc.
- reminds a bit of NYSE:UBER in a different context, where there remains a ? around the 2-5Y outlook (software is exceptionally high duration so the marginal change in trajectory matters - and so far there's been no obvious resolution).
- but at nearly 5% FCF yield, growing high singles probably offers a pretty good entry. i'm opting for some shorter-dated ITM exposures (calls) as i've been doing lately w/ NYSE:TSM , NASDAQ:NVDA , NYSE:UBER among a few others and allows me to keep my book cashy. i'm also trying to expose myself in a way where i'm happy if it goes up and happy if it goes down (i am only buying - really ever - names where i can own it lower b/c of my work/ conviction).
- while NASDAQ:ADBE isn't near and dear to my heart, i still have the conviction that it's not going to be replaced too soon and has been making a ton of the leading efforts for digital copyrights for gen AI that are really necessary for enterprises/ serious businesses and commend them for doing this.
- i'm also not clear where/when the monetization engine gets flipped on, but honestly, id rather take the margin hit up front (so long as the biz remains doing 4-5% cash flow yields) such that growth and leadership can be maintained. so check.
- mkts remain bid for now. i've been selectively peeling off the wins into cash, but like starter positions in names like this that haven't participated to such an extent. it's not my first rodeo though. a name that hasn't worked and into a tape that gets dunked... gets dunked harder. and i want to be there to buy the "obvious" dip. so i'm treading carefully but like the LT horizon for risk here.
what do u think, anon?
V
Adbe looks ready to gapfillAdbe seems to be setting up nicely for earnings. With $505 holding supports and liquidity already being taken from the $530 area adbe could be looking at a post earnings pop to gap fill or at least pop and retest the $530 area before going higher. I see $550 being tested by early 2025. I am playing this with commons as i am not as certain on the time element as a i am the trend.
Adobe - The Triangle Breakout Is Coming!Adobe ( NASDAQ:ADBE ) still remains in a bullish market:
Click chart above to see the detailed analysis👆🏻
For more than four years, Adobe has actually been moving sideways, still digesting the crazy bullrun which we saw over the past decade. Looking at the symmetrical triangle pattern though, this is just a bullish consolidation, which will most likely end with another bullish breakout.
Levels to watch: $440, $560
Keep your long term vision,
Philip (BasicTrading)
ADBE bear trend ADBE is in a deep bearish trend since its earnings
Fundamentally its a very strong stock based on its earnings and future outlook
It is easily heading towards the strong support and psychological bottom of 433 - 434
Entry can be done now or at 433 - 434 levels
Or for safe entry 592 is an entry which confirms a long term bear trend channel being broken
below 434 is a dark era for ADBE
then next level is 383 which I dont think it should reach , expect a solid bounce from 440 430 levels
Stop loss should be 380 if you enter at 430 440 levels
Adobe (ADBE) Shares Plunge Over 13%Adobe (ADBE) Shares Plunge Over 13%
On Wednesday evening, Adobe Inc. (ADBE) released its quarterly financial results:
→ Earnings per share: Actual = $4.81, Expected = $4.66;
→ Revenue: Actual = $5.61 billion, Expected = $5.54 billion.
Despite exceeding analyst expectations and showing growth compared to the previous quarter, Adobe’s stock opened Thursday with a bearish gap and continued to decline throughout the session, closing more than 13% lower than Wednesday’s close.
The sell-off was driven by Adobe’s disappointing 2025 forecast, projecting slower-than-expected revenue and earnings per share growth. According to Yahoo Finance, this stems from increasing competition (from Google, OpenAI, and others) and concerns over monetising AI tools, which have already contributed to a 20% drop in Adobe’s stock this year.
Technical Analysis of Adobe Inc. (ADBE) Stock
The stock price is:
→ Forming a descending channel (highlighted in orange), with its boundaries becoming increasingly evident;
→ Breaking below both a long-term trendline (marked with an arrow) dating back to 2022 and the psychological level of $500 per share.
The outlook appears grim, although TipRanks data indicates that analysts remain optimistic:
→ 22 out of 30 analysts recommend buying ADBE stock;
→ The average price target for ADBE is $603 within 12 months, suggesting a 27% upside from current levels.
However, Adobe’s 2025 projections amidst stiff competition may prompt a reassessment of its investment value, potentially leading to a consolidation of ADBE’s price below the $500 psychological threshold.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.