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Thoughts on $ADBE's next move post-earnings
Considering the recent dip in $ADBE to 254.39, I'm eyeing a potential retest of the 250 psychological level in the next couple of weeks. The current momentum feels more reactive to the broader tech sell-off rather than anything fundamental to Adobe's AI story. I'd put the odds of hitting 250 at around 65%, given the intraday low of 254.14 suggests some support, but the overall market sentiment could drag it further. A sustained break below that would be interesting, but for now, it feels like a healthy pullback.
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