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ADBE Q4 earnings - setup for a dip?
Looking at $ADBE into Q4 earnings, I'm leaning towards a pullback testing the lower end of the recent range, perhaps around $240-245. The stock's run-up feels stretched, hitting $260.63 today, and the market often bakes in good news ahead of time. I'd put the odds of a decent dip, say 5-7%, at about 60% post-earnings, especially if there's any hint of slower enterprise spend or less-than-stellar AI integration adoption. We've seen this pattern before with software giants.