Adobe Inc.
롱

ADBE - Pullback From The Balance

404
No, 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-)
노트
Momentum coming to live.
A nice start with a good weekly close.
노트
This could be the pullback to the Center-Line, after price jumped above it from below like a spring.
This is common behavior:

스냅샷

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.