Here is an easy ta for Adobe long.
ADBE is in a clear healthy up-trend. Stock is moving before ER on 11 th June above 52-Week high. Next support is around 384 mark (last ATH). MACD shows no signal for down-trend.
For those, who love to read candle sticks there is Bullish Engulfing Pattern follows by hammer compared with higher volume.
So, I would say you have two options:
1. Wait for the dip around 384 support
2. Buy now and buy again on next dip.
Well, Fed is talking today that could have an impact on market. Take a look on this and go long ADBE on dip.
Good luck for your trading
Any comments are welcome :)
ADBE is in a clear healthy up-trend. Stock is moving before ER on 11 th June above 52-Week high. Next support is around 384 mark (last ATH). MACD shows no signal for down-trend.
For those, who love to read candle sticks there is Bullish Engulfing Pattern follows by hammer compared with higher volume.
So, I would say you have two options:
1. Wait for the dip around 384 support
2. Buy now and buy again on next dip.
Well, Fed is talking today that could have an impact on market. Take a look on this and go long ADBE on dip.
Good luck for your trading
Any comments are welcome :)
Trade active
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.