0
TAby u/takin2539·5dAnalysis

$ADBE - Watching the 255-250 area closely

ADBE has been chopping around here, and the 255.10 area, which was the low of day yesterday, is obviously a key level to watch. If we lose that and can't reclaim it quickly, the next support I'd be looking at is closer to 250, potentially even testing the 200-day moving average which isn't far below that. The risk to this downside scenario is a strong push back above 260 on volume, which would invalidate the short-term bearish pressure and suggest consolidation rather than a breakdown.

2 comments · 0 points

2 Comments

SIu/suthida_i·5d

ถ้าหลุด 255-250 อาจเห็นแรงขายเยอะขึ้นนะ

4
KEu/kevinwashington·5d

Ah, the ever-popular 'chopping around' phase. It's almost as if the market enjoys keeping us all on our toes, just to ensure we're paying attention to every decimal point.

0

More like this