As part of NASDAQ Adobe has market cap of $141.73B. Price ranging on the price target of majority of banks and investment funds. However, Bank of America and Morgan Stanley price it above $300. Company showed positive earnings over the 1-year period, next earnings date is September 17.
Nice uptrend line respected multiple times. Now ranging around it and the 200SMA on 4 hour. A support zone around $277 and small downtrend line from August 8 now show price being wedged in, gearing up for the break, but failing ti make new highs, showing more selling pressure at the moment or investors taking profit. Upside break looks more attractive or wait for test of support to buy with a great risk-reward.
Good Luck!
Nice uptrend line respected multiple times. Now ranging around it and the 200SMA on 4 hour. A support zone around $277 and small downtrend line from August 8 now show price being wedged in, gearing up for the break, but failing ti make new highs, showing more selling pressure at the moment or investors taking profit. Upside break looks more attractive or wait for test of support to buy with a great risk-reward.
Good Luck!
ノート
ノート
Another confirmation on the downtrend line and 200SMA. Could add another long on the break.
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。