Adobe post earningsSupport of this rising wedge is at 578.. If it falls below there, then that means Adobe bubble has popped and we're headed back to 443.
Long over 580
Short below 570
ADBE trade ideas
Bullish RSI, CCI and OBV divergenceAdobe has traded up off the trendline today and formed bullish RSI, CCI and OBV divergences.
ADBE - Daily/Hourly Inverse TrampolinesADBE recently provided a shorting opportunity
via dual Inverse Trampolines. Nothing new here,
just the same old routine.
Wash, rinse, repeat.
Whatever "trigger" for entry you prefer can be
utilized given the dual Moxie Inv. Tramps.
ADBE - STOCKS - 27. OCT. 2021Welcome to our Weekly V2-Trade Setup ( ADBE ) !
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4 HOUR
Bullish price action!
DAILY
Closed above main support level..
WEEKLY
Looking for another wave!
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STOCK SETUP
BUY ADBE
ENTRY LEVEL @ 640.82
SL @ 593.48
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
BUY THE DIP // ADBEWILL KEEP UPDATING
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Bullish move - cup handle Bullish break out with higher volume on daily
entry $679.06
Risk 5.5%
Reward 17- 21%
Not financial advice. Please use proper risk management
Adobe is at its peak (700)I'm hopped in a short earlier at 698.. Bump the top of its monthly resistance here. Although it's not as overbought as its last 2 touches it needs to be noted that NDX is at the top of its resistance
$ADBE Cup and handle breakout$ADBE with the beautiful chart here. These are exactly the breakouts we like to see. The only issue is all breakouts seem to fade rather quickly right now. Either way, it is a great company with a lot of future growth.
ADBE Potential ATH BreakoutWatching for a break above all time highs for a bullish move.
Using Fibonacci extensions to gather future price targets.
The 1.13 fib will act as the level where we should watch for a retest of the breakpoint.
The 1.618 will act as a longer term target.
If needed, use the 1.27 to get a shorter term target.
Cup and HandleClose to long entry level. The top trendline of the triangle is resistance and also the cup high, so more resistance.
Earnings 12-16.
Cup low is 552.14
Depth is 121.74
Mid cup is 613.01
No recommendation
Adobe Looks like Adobe is about to complete the cup and handle formation with the breakout resistance at $673.81. I only hunt for this formation to enter most of my trades. If breakout is successful with high volume, this can be a good trade setup.
This might be an ABC patternOk, this is a possible "ABC pattern" in the long term, if it can break the resistance of the ATH then the next would be on 720, but we need confirmation, otherwise it could be a "double top", also it might be forming a rising wedge, so it could mean a reversal soon, remember to set a SL and TP, money management is key to success. Waiting...
correction A-B-Cthe price draws a correction A-B-C, which will only add strength to the subsequent rise. The goal is the same, only you need to wait for a rebound from support
Correction for gaining strength? Stocks go up for a long time and confidently, and apart from a temporary respite there is no reason to doubt further growth. I expect a price around $ 700
Price goes upThe price goes up for a long time, gaining strength to renew the maximum. I expect a breakdown of resistance and growth to $ 700
My Target 720$The company's shares have been steadily rising for several weeks now. So far, there is no reason to stop the progressive movement of the global trend. I expect the price to break through the resistance. Target 720 $
Adobe back to 560Overall trading in a rising wedge here. See my previous link forna better picture.
Got rejected at resistance here and as you can see even on days the NDX is up 1% Adobe is down and that's bearish.. Way over bought on MFI
0031 ADBE:xnas - KC [1H] | OptionDate : Wednesday 20th October 2021
Time of trade (Malaysia Time) : 22:00
Scanner :
Entry Price : $6.70 (Stock price $631.50)
Shares : 2
TP (Take Profit) : $8.95
SL (Stop Loss) : When mother stock reaches $599.93
*Prices are in $USD
Technique (Long Call/SPV/ SCV /Iron Condor/Long Put etc) : Long Call
Expiry Date : Friday 22 Oct 2021 (2 days)
Option Entry Price : $6.70
Strike Price : 630
Delta : 0.63
Contract : 2 (200)
Comments :
- What's on your mind? (What do you think about what you are doing/did?)
I hope to sell within 1 day. Let's try it. As soon as I see green, I'm manually closing it.
- How are you feeling? (e.g. Energetic and well. Energetic and serabut? Unpleasant and uneasy? FeelsOkayMan etc...)
Good. A chart is a chart is a chart, and a little worried about this one since it's only 2 days expiry
- Any distractions on your mind? (Lawan ngan gf monkaS).
Nope.
ADBE - LONG TRADE PLAN ➡️ 680Welcome to Aureate Invest.
Charts published are based on technical factors using patterns, structures and price action and no chart is 100% guaranteed and market volatility can change the trade setups or plans anytime. We share the charts and analytics for education purposes while you should follow them at your own risks. We always recommend doing your own analysis before investing in high risked market instruments.
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Adobe Although I still feel this stock is oversold and I think we visit 480's by Thanksgiving; Right now its Temporarily oversold.
First target -595
Second target- 602 gap close
Final target - 618 gap close
