Adobe loses ground - Analysis - 23-09-2021
2021-09-23 11:32:52 GMT
(Economies.com)
Adobe's stock (ADBE) skidded 3.07% in the last session while trespassing the support of the 50-day SMA, exposing the stock for more negative pressure, while trying to correct the main upward medium-term trend.
Therefore we expect more losses for the stock, targeting the support of 597.80, provided the support of 622.60 was breached.
Expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1604
|
-0.0008
|
0.0680%
|
|
|
|
|
1.3739
|
-0.0030
|
0.2164%
|
|
|
|
Tadawul
|
11807.79
|
-43.89
|
0.37%
|
|
|
|
|
24.073
|
-0.403
|
1.645%
|
|
|
|
|
82.134
|
-2.793
|
3.289%
|
|
|
|
|
84.26
|
-2.12
|
2.45%
|
|
|
|
|
1796.865
|
-7.180
|
0.398%
|
|
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