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'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