Adobe to 600?
ADBE – After gapping down on +ER I think Adobe is at a nice spot. A pullback was expected although not quite this big. If 530 can hold I think it could start gapping back up to at least 565 by weeks end. On the downside, if 530 breaks then it could head down to next support around 500 which is where I would look for longs again.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.