Adobe returns higher - Analysis - 14-07-2021

Adobe's stock (ADBE) returned higher with a 0.80% profit in the last session, while gathering momentum to go maintain the main upward trend in the medium and short terms, while venting off overbought saturation in the RSI, with positive support from the 50-day SMA.

Therefore we expect more gains for the stock, targeting the resistance of 630.00, provided the resistance of 606.75 was breached. 

Expected trend for today: Bullish