ADBE
Fairy DustTo keep it simple, fair value or intrinsic value for a stock can be measured by calculating earnings with a reasonable long term growth rate.
Some tech stocks are currently enjoying extraordinary growth rates averaging around 40%. Some are even higher.
Tesla has an earnings growth rate for the current year of 99.6% and the PE ratio is 684.15 at the current price.
Fair value for the stock price on earth is currently $42.02 (or 136 DOGE)
Let's take a look at these popular names using the formula below:
Fair Value formula:
EPS = earnings per share
8.5 = time in years
G = long term growth rate
FV = EPS X (8.5 + 2G)
Then you adjust for corporate bond yields, the alternative, "safe" investment
Currently we could say they at around 4% yield
Final Value = FV * (4.4 / 0.04)
Below is a list of popular stocks with the current Fair Value assuming they can keep a long term earnings growth rate of 15% annually , which is still an impressive number compared to most companies. Long term it is virtually guaranteed that earnings will decline from current levels so it will be interesting to see this play out in the stock price.
In addition, included below is a chart of where fair value is and text of the current growth rate this year and the P/E ratio.
Data pulled from Yahoo Finance and TD Ameritrade API
Apple
Growth rate: 57.6%
PE ratio: 31.40
Adobe
Growth rate: 21.4%
PE ratio: 51.26
Amazon
Growth rate: 33.5%
PE ratio: 66.81
Facebook
Growth rate: 30%
PE ratio: 30.38
Google
Growth rate: 49%
PE ratio: 31.68
Microsoft
Growth rate: 34.9%
PE ratio: 37.78
Shopify
Growth rate: 11.8%
PE ratio: 114.8
Square
Growth rate: 78.6%
PE ratio: 395.75
Zoom
Growth rate: 40.1%
PE ratio: 134.18
The Trade Desk
Growth rate: -10.10%
PE ratio: 157.6
Nvidia
Growth rate: 58.3%
PE ratio: 97.12
PayPal
Growth rate: 21.9%
PE ratio: 66.13
Using this method the only growth stocks that have realistic upside are Apple, Facebook, Google and Microsoft.
You can use Adobe to make $DOGE memes.If a car is a meme, and the gas is $DOGE, then the highway is Adobe.
Create memes of meme coins, but first, load up on some $ADBE. You should invest in the tools you use.
The bars pattern here is from $FTNT... they're all in the same tech basket. $FTNT is leading, $ADBE $CRM and others are following.
$ADBE bullish flag patternADBE has been treating us with a nice bullish flag above the ascending channel that has been going on since 2018. Last month the flag was broken upward, signaling a continous uptrend if fundementals allow for it.
Before adobe is ready to conquer new ground, it is looking for support. Without it, it has bounced back into the channel from a small resistance around 520.
Places where support can be found: Weak support at 473, strong Support at 458. I believe it will not fall below 458, if it does we will go back into the channel and fall further down.
Facing resistance around 536 (previous ATH) and 613 (fib),
BUT if ADBE is able to break them, we could well be able to see a continuation of the strong uptrend before the flag and reach for a target around 667.
ADBE - Started to reverse ... unless 420 is brokenADBE - Made a WXY correction after all it seems... it looks like it's over now so I'm looking to buy.
As price is at the brown VWAP from the high, we could see a bit of pullback but it needs to hold above 437 if it is to continue higher or else we could see price go a bit lower short term.
Adobe: Weekly Bull BreakAs I already analyzed in the video on Monday (see attached), Adobe just broke the prolonged Weekly Bull Flag since basically August 2020. We broke & closed above the resistance yesterday on the Daily. If the bulls don't fake out & see follow through this week, Adobe can now easily go towards $600 in the coming weeks & months.
Some fundamentals : Adobe has seen quite some upside since they changed from the one-off to the monthly subscription models, since a lot more professionals could now afford it. This obviously got a lot more usage throughout the Covid period, as people were working from the home office.
Given that it still underperformed the S&P500 and went on a sideways consolidation after it rose 90% until the summer, which we have to recognize.
I'm a Photoshop & Premiere Pro user myself, and can see the value of the neat integration in the cloud.
After all: If you're not gonna own the companies you're using yourself, then what? ;)
In this case the fundamentals are now getting confirmed by the technicals.
Happy trading & investing!
Tech Stocks & General Market Weekly BreakdownHey guys, in this video we're gonna break down the bigger timeframe where I'm going to skim through a lot of tech stocks on my S&P500 ticker list.
Going through:
AMZN
ABNB
ADBE
ARKK
BABA
FB
FVRR
DASH
GOOGL
LMND
NFLX
MSFT
PYPL
PLTR
UBER
LYFT
among others. You can let me know what you're watching or post your questions underneath.
Massive Structure on ADBEToday we will take a look at the current situation on ADBE.
Key concepts:
a) Flag Pattern: This type of formation is considered a continuation pattern, meaning that after the breakout, we tend to observe a movement in the same direction as the previous impulse
b)Ascending Structure: using two trendlines, we can understand the upper and lower bands of any trend; when we have a breakout on any of the directions, we can use that to forecast possible movements on the breakout direction
c)Fibo Extensions: We use them to forecast possible targets on a new impulse
Final Conclusion: We have an activation level on the green line and an invalidation level on the red line; the final target is the 2nd fibo extension, and we will use the first one as a risk-free level.
Thanks for reading!
ADBE: Another System-Based ShortI've developed a bearish algorithm/screener that screens for stocks with identified selling pressure / trend followed by a dead cat bounce that is likely to fail - which we will attempt to short. I'm trying to combine trend following and VFI trading principles for the coming bear market.
Components:
1. 200 EMA: below current market price (this is so we don't get stuck in short squeezes and such)
2. 50 day moving average above current market price (we want past clearly identified weakness over a sufficiently long period)
3. 10 day moving average below current price (we want a stock that has attempted to rally from the lows)
4. CMF<-0.1 (we want to screen out bottoming patterns such as Inverse Head and Shoulders whenever we can)
5. Moving Averages Ratings: Buy, Neutral, Sell - we don't anything with strong MA momentum indicators, and we don't want to be short squeezed.
6. Market Cap, Price, volume requirements
ADBE (NASDAQ) - Continue BullishGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
ADBE (NASDAQ) - Continue Bullish
ADBE Further Downside?Looking at a triple top for ADBE in day view, followed by a breakdown below both the 20 and 200 day MA. Looks to have found support at 420, but hit the top of the downward trend line and is sitting at a previously established support level around 445. If ADBE fails to break up and follows the downward trend line, it will be forced to retest 420. If it fails and breaks down, the next support is at 385 and is weak, with the next strong support being around 320 from all the way back in April '20. If 420 fails, there is a probable 5% downside and possible 13%, if not more.
The RSI is showing weakness, while the Stoch, MACD, and Madrid sentiment are all beginning to do the same. I will be watching for a potential short opportunity in the next few days.
Many other charts, including TSLA, AMZN, NFLX, PYPL, NVDA, AAPL, PDD, ASML, are all showing similar weakness (the largest caps on the IXIC), while INTC is failing to break up through its most recent resistance. CMCSA, another large cap IXIC, appears to be strong but showing overbought on the RSI and Stoch.
Buckle up, it could be a rough week.
ADBE - Follow up - Getting ready to rallyOn my previous post a few days ago, I highlighted this orange zone from which a bounce is highly likely if the primary count is correct.
Today we are seeing it go up with other mega caps.
Right now it look like it's making a 5 wave advance which would be a great bullish sign but we only have 3 waves up for now.
I already have a position here but I will look to add to it if we get 5 waves up followed by a correction lower which needs to remain above 453.2 !
Adobe shares nearing good buying levelsShares of Adobe (NYSE:ADBE) have pulled back nicely to the support level of a descending triangle. The share is also now within 3% of its 200MA. I will be keeping a close eye on the share in the coming days for a long term buying opportunity. This is a strong technology company with good prospects and prices are now at August 2020 levels.
Im looking at a price target of around $530 (17%) and a stop at the $425 level, given a conservative risk reward ratio of 2.2. Other supporting indicators are the MACD and RSI which both support the position that the stock is reaching oversold territory.
ADBE short with LONG entry levelsADBE just broke the support around $463, and we are heading to another support around $438. This could be a good entry-level for long positions. The area from $417 to $438 is a big support zone.
ADOBE INC is a strong company with a strong base of customers. The perfect subscription model with a monthly fee and irreplaceable software that is used worldwide guarantees stable profits.
Entry levels LONG positions:
$438
$423
$417 - STRONG BUY