Hello Traders, As we dive deeper into our trading strategy inspired by Mark Minervini, I'm excited to share a detailed analysis of our updated watchlist: www.tradingview.com This list is meticulously curated, focusing on stocks poised for potential pullback entries, suitable for short to medium-term trades. Here’s what we’ve analyzed: Selection of Stocks in...
Adobe has an interesting megaphone pattern, the support line would need a third touch to make it valid. On the daily cycle price is yet to fail, this it will do if price goes below R503.90, that will really get the selling going as stop-losses are triggered. The bear scenario has higher confidence given that the share is in week 30 of an uptrend and should be...
Please it is not a financial advice Best of luck, You're fellow brother 😎
The ADBE price has been dropping since yesterday. Our primary expectation is that this is merely the beginning of a larger descent, as we now consider the white wave (b) to be completed and locate the price in the same-colored wave (c). This wave should now fall below the resistance at $506.92 and only come to an end around $380. However, there is an alternative...
Adobe potential move to 585-590 zone. Today we have the Fed talking in the afternoon. We will see how the market reacts to it. However I trust technicals, and I believe in order to make good money in this market, you need to enter when institutions do, and get out when all retailers jump in. Too many confirmations kill profits. This is a riskier idea, and I...
Shares of Adobe Inc. (symbol ‘ADBE’) have performed exceptionally well over the last 3 months, reaching a 2-year high. The company’s earnings report for the fiscal quarter ending November 2023 is due for release on Wednesday 13th of December, after market close. The consensus EPS is $3.32, well up from $2.78 in the same quarter last year. ‘ The company's share...
Given Adobe's earnings report on Wednesday this week, the trading idea is to buy Adobe at $610 and target $640 in the short-term. If $640 holds as a resistance level, the recommendation is to initiate short positions to target $560.
Shares of Adobe Inc. (symbol ‘ADBE’) have performed exceptionally well over the last 3 months, reaching a 2-year high. The company’s earnings report for the fiscal quarter ending November 2023 is due for release on Wednesday 13th of December, after market close. The consensus EPS is $3.32, well up from $2.78 in the same quarter last year. ‘ The company's share...
NASDAQ:ADBE Analysis, Key Levels & Targets Time to start looking for some deals…. Adobe would be a good buy at 529…. at least for a swing. I’ll do a deeper dive here soon but per 5year volatility we’re due to see 529 Alerts set… let’s get it…
After huge rise for last month, is it right tim eto book profit in Adobe or should we hold onto it for another month?
Just closed my position with a 39% gain! 🚀 Adobe is currently trading at $620, showcasing a strong bullish trend with potential for further growth. Based on current momentum, there are two key scenarios to watch: 1. Bullish Continuation: The price could surge towards the $640 mark, extending its bullish trajectory. 2. P otential Retracement: Alternatively,...
I see it gapping to 625 by end of week next week. Based on indicators and the patterns im seeing. I do see it going down slightly at first for a healthy pullback but otherwise bullish. Let me know what you think. going to hop in calls after the first 30 min monday and swing for the week.
In the latest market close, Adobe Systems (ADBE) reached $565.47, with a +0.32% movement compared to the previous day. The stock outpaced the S&P 500's daily gain of 0.18%. On the other hand, the Dow registered a gain of 0.1%, and the technology-centric Nasdaq increased by 0.3%. Shares of the software maker had gained 7.02% in the past month. In that same time,...
ADBE bouncing off resistance level at 570. Looking to sell short dated call credit spreads between 570 - 575. Close the trade if price > 573
It seems like Adobe is getting major resistance at around $561. Looks like a "triple-top" to me, my guess is that it goes down from here. Considering the DJI, SP500 and NDQ are all reaching overbought levels in a downward trend, I'd say now is a good time to get out, or short if you can. If it breaks through $550, then it looks like the next key support/resistance...
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).
The wave analysis on NASDAQ:ADBE (based on timing, swing trading, volumes, Gann and Elliott and much more) suggests that price will keep raising at least till January, at most till May/June 2024. This type of analysis shows great advantages over technical analysis: when a swing of a wave is broken to the upside or downside before reaching its shorter...
ADBE Channel for almost 40 years. Fibonacci Extensions 1- $675.20 1.168- $926.02 2.168- $1331.88