Adobe's stock will enter a downward trend!
This chart shows the weekly candle chart of Adobe's stock in the past two years. The graph overlays the recent top to bottom golden section. As shown in the figure, after bottoming out at the end of September 2022, Adobe's stock is now in the fourth largest upward trend band! The long up shadow line at the weekly...
I popped on this chart on Daily and Weekly and it shows a morbid picture of the price heading to $6.90...
I hope I am wrong, because these eternal giants don't deserve such a crash.