Elber80

Adobe near SMA200 on weekly chart.

Long
NASDAQ:ADBE   Adobe Inc.
This is the weekly chart of Adobe, we can see that price is very close to SMA200. I would like to see it testing this support level, but i would also want a divergence at RVI and RSI. For now, none of the oscillators have a divergence at lows, but all 4 have a divergence at highs.

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.