ADBE : Long opportunity
ADBE just had a positive ER for this quarter.
This stock gapped up after earning report, filled the gap a few days later as a result of profit taking.
ADBE has managed to hold above resistance-turned-support line in the mid of bloody red market after Trump's China Tariff tweet.
It will most probably bounce higher for the next few weeks.
This stock gapped up after earning report, filled the gap a few days later as a result of profit taking.
ADBE has managed to hold above resistance-turned-support line in the mid of bloody red market after Trump's China Tariff tweet.
It will most probably bounce higher for the next few weeks.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.