Get started
ADOBEADOBEADOBE

ADOBE

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

4ADBE trade ideas

$ADBE - coiling, could break outI think this stock has been held down. It may continue to coil in its current down trend before it has a small break out. It could also break down, which is why we wait for the trade to come to us. Watching for it break the first down trend, and then the second before it revisits that recent high. Waiting for $478-$480, then $500 and last $515 Would consider a position after $480 with primary hold to $500, then re-enter after holding $500 for a couple of days with a target to $515-$520
NASDAQ:ADBELong
by katblat
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 !
NASDAQ:ADBELong
by ElliottWaveBelgium
1
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.
NASDAQ:ADBELong
by parshotamj
ADBE - 2 way this could play outWe have 2 possiblities here. Either we are in a complex WXY correction which would then take price towards 415 i n a corrective fashion similar to the dotted line drawing. or we are finishing a Flat corrective wave 2 pattern in which case price should remain above the invalidation level at 439 . The usual termination point for wave (C) of a Flat pattern is the 100% and 127.2% projection of wave (A) from (B) but the 127.2% level would be below the invalidation level, therefore we can discard it for this setup. 100% level comes at 451, which is also the 78.6% retracement level of wave 1, known also as the last line of defense for bulls. So, price needs to ideally remain above that level if we are to see higher prices. Note also that any move above 505 even before touching the 451 level should be considered as a big bullish indication!
NASDAQ:ADBE
by ElliottWaveBelgium