The only way is down (Otis Clay, inverted)!

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ADBE has been in a steady decline since Sept 24. It jumped prior to earnings in Dec 24, only to get hammered back down immediately after release. Since, it has been a sad show. The trend is down. Price has declined over time, MACD is negative, RSI has crossed negative, price is below 100 and 50 EMA. Technical indicators summary is saying Strong Sell, MA is saying Strong Sell. Upside? Investing.com has a fair value of 492.05 which is an upside of 29%. This is only of academic interest. Some might say there is support around $336, but there is not. It is too fragmented. The only "real" support is around $320, but that is also fragmented and not in any way strong. Infact, ADBE does not have any strong support at all, over the last 7-8 years.

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