Adobe amid positive outlook - Analysis - 04-06-2020
Economies.com
2020-06-04 11:33AM UTC
Adobe's stock rose 0.55% in the last session amid support from the 50-day SMA, coupled with positive signals from the RSI despite reaching overbought levels, with support from the 50-day SMA.
Therefore we expect the stock to rise and target the resistance of 421.70, provided it settles above 386.76.
Expected trend for today: Bullish
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