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sachin1337

Low risk short setup

Short
Adobe Inc. (BATS:ADBE)  
sachin1337 Updated   
BATS:ADBE   Adobe Inc.
Trend Analysis Chart Patterns Wave Analysis
9
0
trendanalysis chartpattern waveanalysis
Adbe has done one leg of down and pulling back now. It has now reached 20 DMA which can act as resistance. This is low risk setup with closing above 20DMA as SL. Target 1 - 570, Target 2- 550
Trade active
Comment:
Target 1 achieved, at support, now
Trade closed manually:
TSL hit, closed for now.
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