$ADBEI have tracked hundreds of stocks for chart patterns.
One pattern that i have identified and love to play, is the daily consolidation pattern.
From data I have collected, approximately 14-21 days following daily consolidation, there will be a small rally in the stock.
The plan on this one has many options. Can buy common shares and sell after the rally ends. Can purchase a call option with expiration after estimated rally date (dec 4-11th).
The plan I will be following is watch for entry and take a call position no later than 11/25 (end of day) with expiration in late dec or early Jan