$ADBE Fibonacci 618 resistance NASDAQ:ADBE resistance is at the horizontal line and its a 618 Fibonacci resistance level by AlgoTradeAlert116
Adobe key positioning for the future of A.I made graphics.TA: Looking at interest levels and daily RSI, taking a long here is sub-optimal and has risk of drawdown. However, fundamentals back upwards momentum. Buy and Hold strategy here might be wise. Pivot line may yield a double top (A.I boom -> Burst) or could initiate further upwards momentum to new ATH's in which case TP2 and TP3 are the interest levels. Fundamentals: Adobe is a global leader in software, known for its Creative Cloud suite, which includes industry-standard applications like Photoshop, Illustrator, and Premiere Pro. The company has made significant strides in integrating advanced AI technologies into its products and services, which has contributed to its impressive financial performance. A significant recent innovation is the integration of Generative AI and Adobe Firefly into Photoshop, marking a new chapter in Adobe's history. This innovation allows creators to use their natural language to prompt Photoshop to create extraordinary images with Generative Fill, a feature powered by Adobe's Firefly, a family of creative generative AI models2. Adobe is also committed to ensuring its AI technology is developed ethically, focusing on accountability, responsibility, and transparency. They are developing a compensation model for Adobe Stock contributors and are taking steps to prevent artists’ names from being used in Adobe’s generative AI actions2. In terms of their competitive advantage, Adobe's significant graphics dataset is instrumental. Adobe Stock, for instance, has a landmark dataset containing more than two million assets. Adobe has leveraged this immense dataset to train its AI technology, Adobe Sensei, to effectively detect landmarks in images submitted to Adobe Stock. This capability has been crucial for identifying and categorizing images and addressing any potential intellectual property issues with them3. The integration of AI in Adobe Photoshop is demonstrated by the Generative Fill feature, which is powered by Adobe Firefly. Firefly is a family of creative generative AI models that are infused into every selection feature in Photoshop, and allows users to add content, remove or replace parts of an image and extend the edges of an image using natural language prompts. Adobe Firefly, which launched six weeks prior to the announcement I found, had quickly become one of the most successful beta launches in Adobe's history, with beta users generating over 100 million assets to date1. For Adobe Stock, the company uses Adobe Sensei, their artificial intelligence and machine learning technology, to detect landmarks in the hundreds of thousands of images submitted by Stock contributors every week. This helps in categorizing images and identifying any potential intellectual property issues. Adobe's landmark dataset contains more than two million assets and the process of training the model to detect landmarks initially took around 7-8 days on a single-GPU machine. By switching to a multi-GPU machine and employing parallel computing, they managed to reduce the training time by 80%, bringing it down to 1-2 days without any impact on model accuracy2. Adobe has further enhanced the value of its graphics dataset by adopting advanced machine learning techniques. To improve the efficiency of their AI training processes, they've transitioned from a single-GPU machine to a parallel computing approach with multi-GPU machines, resulting in a dramatic 80% reduction in training time without sacrificing model accuracy3. Adobe's significant graphics dataset and its innovative application of AI technologies, as demonstrated in the integration of Generative AI and Adobe Firefly into Photoshop, contribute to its competitive advantage in the industry. Please note that this is a preliminary research paper and you should continue to do your own research (DYOR). Information about assets can change rapidly, and it's essential to stay updated with the most recent developments. Notes on how I personally use my charts/NFA: Each level L1-L3 and TP1-TP3 (Or S1-S3) has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic. Just my personal way of using this. This is not intended or made to constitute any financial advice. This is not intended or made to constitute any financial advice. FED Macro Situation Consideration: All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over. NOT INVESTMENT ADVICE I am not a financial advisor. The Content in this TradingView Idea is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained within this idea constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. All Content on this idea post is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the idea/post constitutes professional and/or financial advice, nor does any information on the idea/post constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the idea/post before making any decisions based on such information. Longby TheBitcoinGenerationUpdated 6
Adobe ,,, weekly viewUptrend Totally, It has entered to an uptrend and I'm waiting to touch 450 and then 700 in mid and long term.Longby pardis7
$ADBE - high watch. NASDAQ:ADBE Weekly breakout. Green dashed Fibonacci extensions as potential targets. Waiting for a confirmation backtest to take longs. 401-397$ if it catches some bids. AVWAP (black line) Keep an eye on this ticker.Longby AquilaTrading5
ADOBE $ADBE LongAdobe Pattern: Ascending Triangle Perspective: Long Stop loss: when the chart pattern turns into a triangle wedge NASDAQ:ADBE SKILLING:NASDAQ AMEX:SPYby Cbias3
ADOBE $ADBE LongAdobe Chart Pattern: Ascending Triangle Perspective: Long Stop loss: when the chart pattern turns into a triangle wedge NASDAQ:ADBE SKILLING:NASDAQ AMEX:SPYby Cbias1
ADOBE $ADBE LongAdobe Chart Pattern: Ascending Triangle Position : Long Stop loss: when the chart pattern turns into a triangle wedge NASDAQ:ADBE SKILLING:NASDAQ #ADOBELongby Cbias3
Adobe longAdobe Chart Pattern: Ascending Triangle Perspective: Long Stop loss: when the chart pattern turns into a triangle wedge NASDAQ:ADBE #ADBE #NASDAQ #STOCK Longby Cbias112
ADBE WCA - Ascending TriangleCompany: Adobe Inc. Ticker: ADBE Exchange: NASDAQ Sector: Technology Introduction: Thank you for joining me for today's technical analysis. We will be examining Adobe Inc. (ADBE), a leading company in the Technology sector, listed on the NASDAQ. Our focus is on an Ascending Triangle pattern that has been developing on the weekly chart. Ascending Triangle Pattern: An Ascending Triangle pattern is often indicating a potential reversal or continuation of the trend. This pattern is formed when the price oscillates between a flat resistance line and an upward sloping support line. Analysis: In the case of Adobe, the previous trend was downward, as indicated by a blue diagonal resistance line. However, we are now witnessing the formation of an Ascending Triangle pattern, indicating a possible bottom reversal. The horizontal resistance of the triangle is set at $397.36, with four touchpoints recorded. Meanwhile, the rising support line, which originates at $275.20, has also been touched four times. Notably, the current weekly candle (the third touch point) is making an attempt to break through the horizontal resistance line. The 200 EMA closely aligns with the horizontal resistance, further underlining the significance of this level. A breakout – defined as a weekly candle closing above the horizontal resistance line – could present an excellent entry point for a long position. If a breakout does occur, the price target would be approximately $524. This represents a potential gain of around 32%. Minor resistance could be encountered at 446,51. Conclusion: Adobe Inc.'s weekly chart paints an intriguing picture, with an Ascending Triangle indicating a potential bottom reversal. Traders should keep a keen eye on this setup, as a breakout could signal a strong buying opportunity. Remember, this analysis does not serve as financial advice but a guiding point for your own research. Always consider your risk management strategies when trading. If you found this analysis helpful, please like, share, and follow for more updates. Happy trading! Best regards, Karim Subhiehby KarimSubhieh5
ADBE - Another textbook bottom formationwe know how to play this. neat triangle at bottom, higher lows-lower highs squeezing till the lost possible tick:) play the break out and build on the position as it gains momentum. Longby tncckn2
ADBE - Rising Trend Channel [MID TERM]- ADBE is in a rising trend channel in the medium long term. - ADBE is approaching's resistance at 390 , which may give a negative reaction. - However, a break upwards through 390 will be a positive signal. - ADBE is assessed as technically neutral for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price *Chart Pattern: DT - Double Top | BEARISH | RED DB - Double Bottom | BULLISH | GREEN HNS - Head & Shoulder | BEARISH | RED REC - Rectangle | BLUE iHNS - inverse head & Shoulder | BULLISH | GREEN Verify it first and believe later. WavePoint ❤️Longby wavepoint994
Buy ADBE - Adobe Stock using both Moving Average + MACD and RSI There is a buy signal Take Profit 1 - 430 Take Profit 2 - 477 Take Profit 3 - 522 Stop Loss 322 Longby fakhroo2
Adobe -> The Forgotten StockHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that as we are speaking Adove stock is actually approaching a quite obvious previous weekly structure area which is now turned resistance exactly at the $380 level. You can also see that overall weekly market structure is about to shift bullish, we are already having bullish weekly moving averages and the overall price behaviour of the past couple of weeks is looking very bullish so I simply do expect a break and retest of the resistance and then more continuation towards the upside. On the daily timeframe you can see that Adobe stock is not creating bullish market structure yet - we are currently retesting previous daily support which is now turned resistance so I am just waiting for a clear break above the zone followed by a retest and then I do expect more daily continuation towards the upside. Thank you for watching and I will see you tomorrow!Long02:43by basictradingtv252524
Re-correction with regular flat wave and butterflay pattern As my thought, we can see after the down trend complete, the re-correction start with flat wave and also in Harmonic, the Butterflay pattern gonna be complete after re-correction. The TP gonna be between the C wave and the end of Butterflay expected target.Longby Hashim_Alsharif992
Symmetrical TriangleNeutral until broken with a trend in that direction. At the support line today. No recommendation. 52 Week Range 274.73 451.15 Day Range 333.01 344.69 EPS (FWD) 15.39 PE (FWD) 21.79 Div Rate (TTM) 0 Yield (TTM) 0 Short Interest 1.21% Market Cap $153.87Bby lauralea1
All set for a ride towards 430?Looks bullish set up on a weekly basis. This could very well hit 430s as long as it stays above 320. It could be bumpy next week. Longby babu_trader1
ADBE going Up, to the 420 areaBull flag isn´t broken yet so I think will take a few weeks more, but eventually is going to raise and get 420 area.Longby RicardoptionsUpdated 0
ADBE IS ON AN IMPORTANT WEEKLY KEY ZONEFor more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial. Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.Shortby traderchamp_3
Chart update : ADBEPossible positive price action (if confirmed) and emas closer to the break out level of 386.30 may push the price higher and stop the red-line downtrendby TizyCharts1
ADBE Target $524A breakout of the inverted Head & Shoulders pattern could see it move to 524Longby Niaz900
ADBE: Bias=Bullish, Target=425/470, Support=337/356Adobe stock's price has been rising within the last two quarters indicating a bullish bias. Upside potential would be the area between 425 and 470. Bias=Bullish Support=337/356 Risk=270/320 Upside potential=425/470 Period=Jun 2023Longby Quantific-Solutions2
Swing Level for ADBEOn the weekly chart ADBE shows a series of lower highs (red line) The last wave, had a pullback on the 61.8% for a possible 1-2. The Swing Level shows a critical zone at about $390.6.Longby TizyCharts0
$ADBE with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for $ADBE after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%.Longby EPSMomentum0