TWRTEAM

"ADBE" Homework

Short
NASDAQ:ADBE   Adobe Inc.
Disclaimer: The analysis intormation is tor reterence only and does not constitute an Investment recommendation.

"On Friday, March 10th, ADBE broke down below 338 on the 4-hour timeframe, indicating a pivot point for the week. It failed to sustain its bullish trend and began a bearish one. The high resistance for ADBE is at 345, and the last stand of the bullish trend is at 320. Above 320, ADBE is consolidating in a downtrend, while below 320, it is strongly bearish. ADBE has two next support levels, with the first support at 320 and the second support at 296."
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.