ADBE - 262 Target before we consolidate for a whileADBE - 262 Target in the next few days before we consolidate and correct for a while. If we blow past 262, then 280 is the target.
ADBE trade ideas
ADBE rising wedge bear breakThe ADBE rising wedge I have been tracking broke bear yesterday... with bounces along the way I am looking at 230 range for potential targets in the coming weeks/months. I will be looking for a weekly higher low to form compared to 213.25
Short ADBE for an ending diagonal breakThis 30m chart of ADBE shows a nice 5 wave impulse higher with alternation between the corrective waves. It's possible that we're now seeing an ending diagonal in wave 5. Initiating a short position at 239 with an immediate profit target of 229, and an extension even lower. A move above the most recent high invalidates the setup. Trying to pick the top, so this is just a quick 2:1 reward to risk trade on a small position size.
Adobe Systems Inc SHORTShort from $245.09
Market Cap - $120.73B
Beta - 0.76
Forward P/E - 33.49
Trailing P/E - 65.39
P/B - 13.99
- Adobe have recently changed their dynamics of business to a subscription model. Meaning that ADBE will receive lower upfront fees. Alongside this transition, the switching costs have decreased which makes it easier for the clients to switch to competitors.
- The unlimited license Adobe sells (Creative Suite) is 2x the cost of a yearly cloud based license.
- With the new product, they need to keep subscribers for two years minimum to become more profitable than the original product.
- A large chunk of Adobe's business exposure is in Europe - creating large currency headwinds for the company.
- Despite recent earnings and revenues being solid in March, Adobe remains highly dependent on two products which provide over 50% of the revenue (Creative Cloud & Acrobat).
NeroTree Capital rates Adobe Systems Inc as a SELL with a price target of $195.
ADBE Detected possible stock repurchase!!!ADBE: adobe systems inc
2018-05-21 16:05:01
Detected possible stock repurchase
[ADBE] Leading Tech Stocks out of the Correction!Correction? Not for Adobe! Ahead of the curve on the same breakout setup as other names like MSFT and CSCO.
ADBE has the story, the ideas, products, etc. for the digital future.
+ Tech?
+ Software?
+ Cloud Integration?
++ Digital Media?
++ Barrier to Entry?
- Overdone Media Attention?
Adobe's been crafting their monopoly on digital media production tools by packaging, improving, and adding products to their most well known suite, Adobe Creative Cloud.
Instead of going on and on... just think, the word Photoshop is equivalent to saying Photo Editing as Kleenex is to saying Tissue and most people don't even know what Photoshop is!
They have a pseudo-monopoly on digital media production and online marketing tools for professionals and teenagers trying to be funny on Twitter.
LONG $ADBEPrice get all time high by strong departure and left the key support behind. Go long in line with the upward momentum in higher timeframe whist pulled back.
Adobe ADBE slowstochastic is coming up!Adobe ADBE slowstoch is coming out the 20 zone.
Title is coming from a 6 consecutive loosing days and slowstochastic crossing above 20 could be a good signal of reversing.
Stock strenght is above 63.
Watch the stock and lets see on lower timeframes if there is a entry signal (may be 212 to 212.24).
If today the stock makes a PBT&CA at 212.24 that is my entry point!
Disclaimer:
This is just my tought: don't invest based on this idea.
ADOBE - heading up highThere is a divergence between decreased volume and increasing price. Sometimes this can be a reversal, other times it indicates a consolidation before another wave higher.
***This is not an investment advice***
ADBE BREAKING OUT$ADBE breaking out! Great company and great stock. We love these fundamental metrics: OM 30%, ROIC 17%, FCF % Sales 37. We remain long!
ADBE 10-Day-Ahead Prediction - 04/02-04/13 PeriodAI/Deep Learning Enabled 10 Day Ahead Predicted values for Adobe Systems Inc - ADBE have been plotted on the chart.
The method used in this prediction is Deep Learning based, and using complex mathematical models to extract hidden time series features in vast amounts of ADBE related data.
The expected 5 Day Change is 1.8900 %
The expected 10 Day Change is 2.9667 %
Predictability Indicator is calculated as : 0.823
Predicted 10-Day Ahead Prices are as follows:
Mon Apr 02 Tue Apr 03 Wed Apr 04 Thu Apr 05 Fri Apr 06
218.33 218.97 219.16 219.56 220.16
Mon Apr 09 Tue Apr 10 Wed Apr 11 Thu Apr 12 Fri Apr 13
220.81 221.36 221.78 222.14 222.49
Please note that outliers/non-linearities might occur, however our AI Enabled predictions indicate the softened/smoothed moving direction of the stocks/commodities/World indices/ETFs/Foreign Currencies/Cryptocurrencies.
LONGPrice on upside momentum with strong imbalance level of demand at 193.x in weekly timeframe. Long bias in daily timeframe when pullbacks around 210.
ADBE Significant near term topNow this isn't a good short candidate but it is one tough to add to longs at this point. Profit taking is advised.
ADBE is very parabolic!It's remarkable how parabolic Adobe is. How long can this keep going on?
Is a correction in store? Or can Adobe keep flying to the moon?
