Adobe rises through negative pressures - Analysis - 20-09-2019

Economies.com
2019-09-20 13:50PM UTC

Adobe's stock rose after the support of 276.75 held on, while gathering momentum and getting hurt by exiting an ascending price channel recently, with negative pressure from the 50-day SMA. 

 

Therefore we expect the stock to decline and target the support of 276.13. 

 

Expected trend for today: Bearish 

Stocks Technical Analysis

United States Analysis

Stocks

Generac price surrounded with positive pressures - Forecast today - 25-04-2024
2024-04-25 12:18PM UTC
Generac Holdings’ stock price (GNRC) kept rising in the intraday levels, amid the dominance ...
United States Analysis

Stocks

Comcast price gives in to negative pressures - Forecast today - 25-04-2024
2024-04-25 12:17PM UTC
Comcast’s stock price (CMCSA) fell in the intraday levels, amid the dominance of the downward ...
United States Analysis

Stocks

Moderna price readies to tackle pivotal resistance - Forecast today - 25-04-2024
2024-04-25 12:17PM UTC
Moderna’s stock price (MRNA) rose in the intraday levels, while tackling the pivotal ...