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.%
1.0186
-0.0063
0.6104%
1.2088
-0.0162
1.3216%
20.146
-0.149
0.737%
87.995
-5.669
6.053%
94.14
-0.79
0.83%
1778.745
8.445
0.477%
 
 
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