Here is an easy ta for Adobe long.
ADBE is in a clear healthy up-trend. Stock is moving before ER on 11 th June above 52-Week high. Next support is around 384 mark (last ATH). MACD shows no signal for down-trend.
For those, who love to read candle sticks there is Bullish Engulfing Pattern follows by hammer compared with higher volume.
So, I would say you have two options:
1. Wait for the dip around 384 support
2. Buy now and buy again on next dip.
Well, Fed is talking today that could have an impact on market. Take a look on this and go long ADBE on dip.
Good luck for your trading
Any comments are welcome :)
ADBE is in a clear healthy up-trend. Stock is moving before ER on 11 th June above 52-Week high. Next support is around 384 mark (last ATH). MACD shows no signal for down-trend.
For those, who love to read candle sticks there is Bullish Engulfing Pattern follows by hammer compared with higher volume.
So, I would say you have two options:
1. Wait for the dip around 384 support
2. Buy now and buy again on next dip.
Well, Fed is talking today that could have an impact on market. Take a look on this and go long ADBE on dip.
Good luck for your trading
Any comments are welcome :)
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