Adobe Inc.
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LONG Breakout ADOBE After Q1 after consolidation

70
When discarding covid19 effect, only once since September 2012 has SMA200 been above SMA50.

Right now there is a balancing act going on.
Yet over this week the price has broken out from the previous 3 tops and had strong support in 420-430 after Q1 postings.
Since then there has been a strong RSI14 development and is showing a strong yet not "overbought" tendency.

I have entered long in 515.23 today, as the spike in price over the last 3 days will ensure that SMA50 will stay above SMA200.


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