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.
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.
Comment:
all moves according to plan, as explained in the video neither the earnings can do much when time is run out and algos have turned into selling mode. 497.86 has been broken, therefore according to title of the analysis...how long can we keep falling? time to buy or sell?