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sandeep6883
Jun 4, 2022 7:42 AM

Adobe stock price near 50DMA 

NASDAQ:ADBE1M
Adobe Inc.NASDAQ

Description

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Strategy: Wait & Watch till the Quarterly result this month.
  • Best case: Break out above 440 can take the price to 530-540
  • Worst case: Break down below 380 can 300-310
  • Or may it may remain in this tight range of 380-440
Technical Indicatorsadobe
Comments
sandeep6883
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Adobe stock price went below 380 for just a couple of weeks and now seems to be recovering to a target of 440. Fingers Crossed.
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