CFD Trading – Buy Adobe Inc. (ADBE.NAS) @$650.00. Stop @ $628.80 and Target @ $720.00

Adode Inc. Stock Code ADBE.NAS


Price broke above the cloud in the previous trading session, after being supported by the Conversion line. Price also managed to stay above the cloud during a price correction keeping the uptrend intact. Conversion line and Base line had a bullish crossover and is hinting of a bullish price trend ahead. Lagging Span is above price of 26 days ago and above the cloud at the moment, confirming the bullish trend.  MACD is bullish with both its lines above the zero line. If price is can stay above the Conversion line, it is likely to move towards the next price target $720.


$650.00              Buy

$720.00              Price Target

$628.80              Risk Management Stop

3 weeks              Trade Duration

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