RS3175

ADBE to Reach 650 by Year-End

Long
BATS:ADBE   Adobe Inc.
Weekly Chart of ADBE

ADBE has bounced from an important support level (green band).

Corrective Wave 4 is forming.

ADBE will go down to 530 next week (starting 6 Nov) to complete Wave 4.

Thereafter, there will be a sharp Wave 5 going up to the resistance level (red band).
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.