"ADBE" Homework

Disclaimer: The analysis intormation is tor reterence only and does not constitute an Investment recommendation.

"On Friday, March 10th, ADBE broke down below 338 on the 4-hour timeframe, indicating a pivot point for the week. It failed to sustain its bullish trend and began a bearish one. The high resistance for ADBE is at 345, and the last stand of the bullish trend is at 320. Above 320, ADBE is consolidating in a downtrend, while below 320, it is strongly bearish. ADBE has two next support levels, with the first support at 320 and the second support at 296."
Trend Analysis

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