Adobe Inc.

$ADBE

82
Follow trend line through resistance levels and scalp winnings. Tech stock close to ATH so things could change day to day.

- AH trading has stock over 499 resistance line. If that holds try to grab at those levels.
- Would much rather enter closer to 490-495 with either a bounce off support or 200D on a 5Min chart
- Gap up on 10/1 - Only reason I could see is second wave of COVID fears driving tech again, no other news.
- Just a guess, but 509 resistance seems like BO "Breakout" opportunity


Trade at your own risk, I didn't hit your buy/sell button.

Penafian

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