Adobe System Inc. Stock Code ADBE.NAS
Price broke and closed above the cloud in the previous trading session, changing the chart outlook to bullish. Conversion line and Base line had a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is below price of 26 days ago but is above the cloud at the moment. MACD has a bullish crossover and is hinting at a bullish price trend. If price is able to stay above the cloud, it could be heading towards the previous high at $402.27.
$402.20 Price Target
$360.60 Risk Management Stop
3 weeks Trade Duration