ADBE trade ideas
ADBE Short PositionWe can see a nice rejection off of the 540 level which is also the previous swing low that was set on December 21st. ADBE has a high PE ratio of 52.88 which puts it in the category of stocks that are selling off right now due to the federal reserve scheduling rate hikes for next year and reducing it's balance sheet. We can also see the supply/demand shifting to the down side as sellers continue to move their entries lower in this downtrend that was established after the earnings sell off. I will be looking to trim or take profit at 520 and 500 depending on market conditions when the price reaches those levels. 520 provided resistance for a few months while this stock consolidated before breaking out, increasing the chances of 520 acting as support. We could see a retest of 540 before this turns down in which case I will be looking to add to my position. I will be setting a stop loss at 541.65 (just above yesterday's high). If ADBE breaks above that level then we could see more upside and that would also jeapordize the short position setup.
NASDAQ: ADBEin the 2hr timeframe we can see price is creating an equal high in the resistance area , and when price bounced from the resist to the support ,
We see a change of structure with a form of inverse head n shoulder pattern , with the rejection at the 78.60% just at the golden area ,
in this case we can take a long opportunity with the current oversold market , but we need price to break the EQH then we can a see a push to the upside .
RR 1:4
let me know what do you think about this one !
ADBE BuyAfter earning trade with risk reward ratio 1 : 3
Double bottom set up and break above 20 EMA
Enter with Stop order.
ADBE Retest Trendline $429ADBE is been bearish after earning now its looks like it's ready to move higher and also it retested the trendline with support of around $429. If the market remains bullish we could see ADBE above $450.
Below is the link for the trade idea for the week of 03-28-2022 *all the content is for information only and it's not trading advice. Trading involves risk*
nimb.ws
Adobe near SMA200 on weekly chart.This is the weekly chart of Adobe, we can see that price is very close to SMA200. I would like to see it testing this support level, but i would also want a divergence at RVI and RSI. For now, none of the oscillators have a divergence at lows, but all 4 have a divergence at highs.
Adobe looking goodA possible swing set up looks to be presenting itself here.
Adobe got wrecked recently with chip shortages and supply chain issues and i finally think it will begin to reverse therefore i will be watching this.
bullish divergence also looks to be occuring with the RSI.
price has broken out of the falling wedge and seems to be re-testing the line.
use stop loss, 405 is a good one to use for a tight stop loss.
price targets are 480, 520, 580.
DYOR
ADBE Key Levels and is it time to go long?Adobe on Weekly.
1) Down by 43% from ATH.
2) If we do a fib retracement from covid lows to ATH, you see the current price is hovering within the golden pocket(.618 and.50)
3) Price is consolidating above 200 EMA and also above 200 SMA .
4) This has been a support zone in the past on multiple occasions.
5). This would be a very key level to watch, if it breaks below-- it can go down to 395sh levels-200 MA level.
6) Price is below AVWAP from covid low- acting as resistance.
7) I see RSI and MACD showing signs of reversal, but not yet.
8) Watching levels 430 for upside and 410 for the downside.
On the Fundamentals.. this company is projected to have an EPS of 15% for the next 5 years. Not bad of a growth
$NKE with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $NKE after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 66.67%.
ADBE.pdfNASDAQ:ADBE
Adobe daily chart looking bullish.
This stock has been crucified all of Q1 2022.
A $100 upmove would only represent a 50% retrace of the plunge from the ATH.
ADBE is reporting earnings on Monday, thus we could see an explosive move higher if the results are solid.
Daily candles retested the lower median line of the inside pitchfork, while momentum oscillators are showing bullish divergence and starting to breakout.
The RSI just put in a bullish swing rejection, and is showing strong bullish divergence with a break above the previous RSI pivot high.
The MACD has spent all of Q1 2022 in the basement, and is showing bullish divergence with a recent cross above the signal line.
Cautious types can wait for the 9EMA to cross above the 20EMA. However, I will be going long this name on Monday's open.
I think a test of the median line is extremely likely, thus my first "Easy Target" is around $491 at the median line.
If last week's rally is sustained for a few more weeks, I listed two targets on the upper median line that correspond to 0.5 / 0.618 fib levels.
I will wait to see how price reacts to the median line before assuming those targets will be reached. (Will update the idea when/if that happens)
Adobe (ADBE) WeeklyComparing two points that are correlated from there points to the Fibonacci circle
As they are in similar places, price tends to repeat itself, and it can be seen on the chart
I am suggesting continuation along this larger white trendline for price
Earnings watch 3/22Earnings watch 3/22:
ADBE
CCL
POSH
RAIL
SNCE
JILL
DNAY
SNPO
AIR
GDS
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
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Beware of analyst's motives
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ADBE Bullish Earning PlayADBE break the trendline and closed today about it. Additionally, Tuesday 03/22/2022 there is earning report in after-hours trading and looks bullish to breakout higher and the possible target is $480~$485.
ADBE Short-Term BullishABDE could retest price level $450 and if breakout we could see moving higher else it could go below $400
$ADBE trading it 3/15below 407.5
395-400 would be target (intraday)
below 390 375 VERY possible... maybe an overnight or swing position if below 390 near close
#daytrading #optionstrading #options
ADOBE has confirmed Downtrend. Adobe Inc. has a confirmed downtrend
Adobe has broken down the trendline as well as the RSI trend line. this is a signal for a downtrend. The Renko chart and Ichimoku analysis confirmed the downtrend.
the first target is 380 &
B Wave on Adobe. ADBEGoals 477, 493. Invalidation at 418.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
ADBE on the support at 440 and will be revisiting the key levelMarket Instrument: ADBE
Timeframe: Weekly
Analysis: Technical
Structure: Support and Reversal
Prediction: Bullish
ADBE has found the support at 440. The following support level is very clear on both daily and weekly timeframes. Here the bullish candle closing is a good indication for a rally ahead. The target expected during the run is back towards the key level formed at 525
ADBE Looks like heading to $500-530 RR is in favorADBE took support perfectly at previous low points if it reversed from here it should attain $500-530 levels
Engulfing makes RR in favor in this trade
views are welcome, let see how it goes !
ADBE bullish strong bar at supportA bullish strong bar happened at support on 24 Feb 2022. if the price on 25 Feb 2022 continue advance above 24 feb high, there is a good trade of reversal
2000 tech bubble fractalIt looks like we are reaching the final moment for ADBE stock to confirm bear market. Grey shape represents fractal from 2000 and we can clearly see ( orange boxes ) that we are following the same structure. I'm expecting last failed rally to 50%, possible 61.8% and then monster selloff.
Adobe (NASDAQ: $ADBE) Got Room For Growth '22 🎨Adobe Inc. operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, workers, marketers, educators, enthusiasts, communicators, and consumers. The Digital Experience segment provides an integrated platform and set of applications and services that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Advertising Cloud offerings. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and original equipment manufacturers. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.
