Adobe Inc.Long
ADBE 2023 Trend Leg Continues
Fundamentals:
ok
Technicals:
Adobe's 2023 trend leg continues in to 2024.
RSI has reached a bottom for the 5th time in this trend leg and price has reacted once again.
Price has pierced back above the cloud.
a-b-c down Crown target hit.
However, there could be resistance at 598.85. If price rallies above that, then this will be an extra confirmation that the trend continues.
ok
Technicals:
Adobe's 2023 trend leg continues in to 2024.
RSI has reached a bottom for the 5th time in this trend leg and price has reacted once again.
Price has pierced back above the cloud.
a-b-c down Crown target hit.
However, there could be resistance at 598.85. If price rallies above that, then this will be an extra confirmation that the trend continues.
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