The market is berish but this chart looks great with the divergence and the macd
The probability of a tech recovery is increasing. The sky isn't falling yet and inflation is going to be assumed to be peaking. Plus the end of the pandemic is in sight. Sentiment might start to shift soon. There are risks, as there always are, but they can be delayed much longer than expected and aren't much different than usual. Here are some names I am...
Adobe - Short Term - We look to Sell at 602.00 (stop at 627.00) Preferred trade is to sell into rallies. Previous support, now becomes resistance at 605.00. 20 1day EMA is at 602.00. We have a 38.2% Fibonacci pullback level of 599.72 from 699.50 to 538.00. The bias is still for lower levels and we look for any gains to be limited. Our profit targets will be...
Long up to 580, pull down to 540. Long again at 540.
NASDAQ:ADBE thinking $572 with a broad market rally could take this to $578+ // bear scenario we validate downtrend and lose 567 with room to fill gap $560/558
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...
Hey Trader, please see my current idea on the Adobe stock where my count suggests a return of around 10% by longing this stock. For further informations please see below, RT
NASDAQ:ADBE ADBE, 4 Hrs , Crab Harmonic Pattern Buy @ 461.95 - 450.14 Sell @ T1: 546.92 , T2: 606.71 Stop Loss: 441.28 Please. Read the disclaimer, and do your own diligence. ------------------ DISCLAIMER: I am not a financial /investment advisor. All information i am sharing here is for entertainment purposes only and should not be considered personal...
NASDAQ:ADBE Hello friends . This is just an analysis and not a signal for you to enter the trade! You must go according to your strategy and look for the signal in the specified areas. IRFOFC
Adobe has traded up off the trendline today and formed bullish RSI, CCI and OBV divergences.
When the Covid pandemic began affecting many people throughout the workplace and in their homes, companies such as NASDAQ:MSFT , Zoom and NASDAQ:GOOGL began rapidly designing software to accommodate for this very new sprouting market that nobody had ever seen before. A whole line of business dedicated to allowing people to perform their work assigned tasks...
A double top looms on the chart. the price went up for a long time and now it looks like it wants to take a breath. What do you think?
AMD went up for a long time, forming new highs. Now the price needs to gain strength for a new rise, so I am waiting for a correction and a rebound from the level..
the price draws a correction A-B-C, which will only add strength to the subsequent rise. The goal is the same, only you need to wait for a rebound from support
Stocks go up for a long time and confidently, and apart from a temporary respite there is no reason to doubt further growth. I expect a price around $ 700
This is a chart of $CRM. The bars pattern is of $FTNT. You can do this with $ADBE and a number of other tech stocks as well. You'll probably notice $ADBE is leading, I'm betting $CRM will follow. Both will catch up to $FTNT. The structure is ready, we've been drawing this bull flag forever. We've lost all hope in stocks. Biden flushed everyone out that is scared...
The price goes up for a long time, gaining strength to renew the maximum. I expect a breakdown of resistance and growth to $ 700