Hello Traders and Investors, in this video I will take a quick look at Adobe.
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Explanation of my video analysis:
Back in 2012 we saw a major symmerical triangle breakout on Adobe stock which was followed by an unbelievable rally of +2.000% towards the upside. Over the past 6 years, Adobe stock has once again formed a triangle formation and just rejected the upper resistance level. If Adobe stock retest the next horizontal support towards the downside, we could already see a bullish reversal there.
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Keep your long term vision,
Philip (BasicTrading)
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Explanation of my video analysis:
Back in 2012 we saw a major symmerical triangle breakout on Adobe stock which was followed by an unbelievable rally of +2.000% towards the upside. Over the past 6 years, Adobe stock has once again formed a triangle formation and just rejected the upper resistance level. If Adobe stock retest the next horizontal support towards the downside, we could already see a bullish reversal there.
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Keep your long term vision,
Philip (BasicTrading)
Nota
Thank me later my dear Tradingview followers😆Adobe stock is almost at the structure mentioned in the analysis!
Philip - Swing Trader
Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Philip - Swing Trader
Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.