$ADBE, Long, TP>15%NASDAQ:ADBE , Long, TP>15%
Fundamentally the stock is good.
Choose an entry point and do not forget about a protective order if you are trading with leverage.
Don't risk it if you're not sure.
Good luck to everyone.
ADBE trade ideas
ADOBE... ADBE trading ideasA lot of play is this thing with volatility. So play these as you would a chainsaw, it can kick back on yah...so watch out below and to the sides...Quick action drops and then gap-ups can occur.. just see previous action.
Yellow sun is a guide but not the truth.
adbe bottom inAdobe needs to go up here.
Support and Resistance:
The stock is holding above a strong support zone, reinforcing buyers’ confidence at current levels.
Resistance lies ahead near a key price level, which, if broken, could pave the way for significant upside.
Trend and Moving Averages:
ADBE is trading in an uptrend, with higher lows forming a solid base.
The moving averages are aligned in a bullish formation, with shorter-term averages crossing above longer-term ones, confirming upward momentum.
Volume:
Increasing volume on positive days suggests accumulation and strong buying interest, which supports the bullish case.
Indicators:
RSI is trending upward but remains below overbought levels, indicating room for further gains.
MACD shows a bullish crossover, signaling increasing momentum in the stock’s favor.
Breakout Setup:
The stock appears ready to break above a key resistance level, which could trigger further upward movement. A sustained breakout may lead to new highs or significant price expansion.
ADOBE earnings ideasCheck your lines against mine...multiple shown and hidden lines with final arrows showing potential ranges...the orange Sun shall be victorious especially if CPI isnt what "they" want..whoever that is..
ADBE Adobe Options Ahead of EarningsIf you haven`t bought the dip on ADBE:
Now analyzing the options chain and the chart patterns of ADBE Adobe prior to the earnings report this week,
I would consider purchasing the 560usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $24.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ADBE buyingAn ascending channel has formed and within this channel there is a positive head and shoulders pattern with a target of 619.
ADBELooks to have a strong up trend on the weekly chart and just bounced off it. Next resistance looks to be around $582? Pick a short term pullback to $535 or go ahead and enter at $552?
Random thoughts on ADBEAssuming no shakeup in the the next 6 months, I expect to run between red and green until at least june. Unsure of which green is valid, a bit risky for long positions. Would hold if entry around 500.
575 short term not unreasonable, but would probably take profit between 560-575, and wait to re-enter 525-530.
More likely to have an upside breakout mid summer through fall, but will need to cross green, with resistance at both 575 and 630. Short term (January), could see up to ~580, but no higher till summer.
Stoploss at red, if we break below that probably roughly going down to 400 or even 300 easily.
$ADBE Trade ideaNASDAQ:ADBE trade idea.
Forming tight pattern. Could break either way. More interested if this breaks upside. Will cautious if it breaks downside.
ADOBE - WENT BULLISH EARLIER DUE TO FALLING WEDGE BREAKOUTTECHNICAL INDICATORS -
FALLING WEDGE PATTERN BREAKOUT -
Adobe broke out of falling wedge pattern on 2nd & 3rd nov with strong confirmation (2 consecutive moderate sized green candlesticks)
STRONG SUPPORT-RESISTANCE ZONE BREAKOUT -
alongwith the chart pattern the stock also broke out of a strong support-resistance zone 2 days after the breakout (the zone was tested earlier on 4th & 5th oct) which confirmed strong upside momentum behind the stock
PROFIT TARGET -
the stock went upwards for 68 points (the max width of the falling wedge) till 624.72 and went beyond
Adobe - Triangle Textbook Long Setup!Adobe ( NASDAQ:ADBE ) is breaking out soon:
Click chart above to see the detailed analysis👆🏻
After creating a rally of +2.000% over the past decade, Adobe created its all time high back in the end of 2021. The consolidation ever since has been quite expected, especially looking at market structure. But if Adobe breaks out of the current triangle, we will see new all time highs.
Levels to watch: $440, $560
Keep your long term vision,
Philip (BasicTrading)
Adobe- another stab at itLong any where here
Target 1 - 580
Target 2 - 660
Target 3 - 700
Stop loss - 468
ADBE - bullish and will easily hit USD 600 within a year bullish and will easily hit USD 600 within a year, strong uptrend and currently not overvalued
ADBE - pullback a coiled spring ready to rebound higherADBE - pullback a coiled spring ready to rebound higher, fairly valued but on a bullish uptrend, pullback presents opportunity to buy
ADOBE IN FIBONACCI WAVES Adobe was down because the Federal Trade Commision sued them alleging difficult process to cancel the subscription. Nothinh could be as far away from the truth. I use adobe sparingly, so when I am done I cancell the subscription, it takes nothing more than one phone call and they do it immediately. A pleasure to deal with.
I think these agencies are looking for political campaign financing and they come up with these fake allegations. My alarm triggered today on Adobe. It is a goo time to ride ADOBE up again. This was a nothing burger.
This is another example of Hindenburg Like Operators swarming Adobe in a bear raid, and they get help from insiders in government agencies? Boy there is cleaning to do. meanwhile, don't pass opportunities like this one $688 to $715 is next in my most humble of opinions.
Wink wink never forget ADOBE subscriptions keep on growing and growing. and Growing some more
Adobe ADBE - a lovely dish is served. I feel generous posting delightful and delicious dishes for your degustation
ADOBE ADBE - Ladies and Gentlemen may I have the honor of presenting to you Adobe ADBE
Kindly immediately pull up the chart and see what I see. A stock I have been watching for weeks on end. Is here to hatch these lovely gold eggs.
Adobe should see $530Disclaimer is obviously not knowing Earnings ahead of time, but Adobe looks poised to bounce off the trend line into this butterfly harmonic.
Not financial advice, good luck to all :)
$ADBENASDAQ:ADBE
#ADBE
It appears from the following numbering that we are heading towards rapid increases.
Is AI the New Muse for the Digital Renaissance?In a groundbreaking showcase at Adobe MAX 2024, the creative software giant unveiled its latest innovation: Adobe Firefly AI. This cutting-edge technology promises to revolutionize content creation across various media, from video production to 3D art. The star of the show, Firefly AI Video, demonstrates the potential to generate and manipulate video content with unprecedented ease and accuracy, potentially reshaping the entire landscape of digital creativity.
Adobe's commitment to ethical AI use and copyright protection sets a new standard in the industry, addressing concerns about the responsible implementation of AI in creative fields. By positioning Firefly AI as safe for commercial use, Adobe is paving the way for the widespread adoption of AI-powered tools in professional settings. This approach not only drives innovation but also ensures that creators can embrace new technologies without compromising their integrity or legal standing.
The market's positive response to Adobe's AI push, reflected in a 2.9% stock surge, underscores the transformative potential of these technologies. As Adobe integrates Firefly AI across its Creative Cloud suite and introduces new tools like Neo for 3D art creation, the company is democratizing access to advanced creative capabilities. This shift challenges creators to reimagine their processes and pushes the boundaries of what's possible in digital content creation.
650, BE THEREThis has the upside potential to be 650, before that happens it could dip towards 450 which will be a big buying opportunity. Whether it hits 450 or not, most likely it will test its all-time highs which is 30% upside potential from current price.
Happy Trading!! Not a financial advice.
Adobe May Have Space to the DownsideAdobe has been struggling all year, and some traders may think the software stock has space to the downside.
The first pattern on today’s chart is the series of lower highs since September 13. ADBE dipped below its subsequent low this week, potentially breaking a bearish descending triangle.
Next, the triangle followed a sharp gap lower after guidance disappointed.
Third, the 50-day simple moving average (SMA) is nearing a potential “death cross” below the 200-day SMA. That may suggest its long-term trend is getting more negative.
Finally, MACD has turned downward, and prices have remained below the falling 8-day exponential moving average. Those points may signal bearishness in the shorter term.
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