Adobe's support and resistance.Support
330 is coming out to be a strong support... Bounceback multiple times, back in May'23, Apr'25, Aug'25, Sep'25 (in progress). Be very cautious if the stock goes below 330 and stays there. It is an exit point.
Resistance
365 is a short-term resistance level from the last 45 days, followed by 385, 400, and 440. These are good points to sell if the stock price struggles at these levels
Good news
The bounce back is forming a double bottom, so above 386, the stock can reach 440 very rapidly.
Not-so-good news
Even with revised guidance in the earnings report, the stock was unable to surpass 365. This shows a lack of confidence and downward pressure.
