Adobe pulls higher - Analysis - 04-12-2019

Economies.com
2019-12-04 12:36PM UTC

Adobe's stock plumbed a session low at 297.64 before turning losses into a 0.38% profit, amid the dominance of the main upward trend, with positive support from the 50-day SMA, countered by negative signals from the RSI. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 313.00. 

 

Expected trend for today: Bullish 

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