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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