American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

Adobe attacks current resistance - Analysis - 13-04-2021

Economies.com
2021-04-13 11:14AM UTC

Adobe's stock (ADBE) rose 0.39% in the last session, tackling the resistance of 505.65, amid the dominance of the main upward medium-term trend, with positive support from the 50-day SMA.

 

Therefore we expect more gains for the stock, targeting the resistance of 534.10, provided the resistance of 505.65 was breached. 

 

Expected trend for today: Bullish 

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