Adobe Inc. (ADBE) stands out as a company with strong fundamentals. Adobe is renowned for its exceptional products such as Photoshop, Acrobat Reader and Creative Cloud.
ADBE's price climbed up to 54% since May 2023 Rather than succumbing to the fear of missing out (FOMO), a patient approach is warranted. I refused to chase the price. I want the price to come to me.
Waiting for a pullback or the formation of a solid base will provide opportune moments for entry.
A pullback can offer an attractive entry opportunity. Waiting for a pullback or the formation of a solid base would provide me strategic entry points. By monitoring key support levels, daily pivot misses, and structural breakouts as a mean of my timing to buy the stock with optimized risk and reward.
Entry trigger from a pullback : Price retraces to significant levels and then a bullish reversal candle formed or a structural breakout or a daily pivot being missed.
Entry trigger from a solid base : Price breaks the resistance level WITH volume.
ADBE's price climbed up to 54% since May 2023 Rather than succumbing to the fear of missing out (FOMO), a patient approach is warranted. I refused to chase the price. I want the price to come to me.
Waiting for a pullback or the formation of a solid base will provide opportune moments for entry.
A pullback can offer an attractive entry opportunity. Waiting for a pullback or the formation of a solid base would provide me strategic entry points. By monitoring key support levels, daily pivot misses, and structural breakouts as a mean of my timing to buy the stock with optimized risk and reward.
Entry trigger from a pullback : Price retraces to significant levels and then a bullish reversal candle formed or a structural breakout or a daily pivot being missed.
Entry trigger from a solid base : Price breaks the resistance level WITH volume.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.