Momentum2963

Adobe right before a flag pattern brakeout?

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NASDAQ:ADBE   Adobe Inc.
Adobe brakes out of a 3,5 months flag pattern supported by upward trend line and high momentum with RSI > 60.

Storng primary upward trend indicated by upturned SMA200 well distanced to EMA20/50.

EMA20/50 crossover indicates upward turning secondary trend.

Quarterly Report aheat on 09 Dec '20

CRV = 4,97 / Stop Loss at 0.236 FIB / Take Profit at 1.23 FIB

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