Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Adobe's stock rose 0.96% in the last session while trading within an ascending price channel, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI.
Therefore we expect more gains for the stock, targeting the record resistance of 467.65, provided the support of 421.73 holds on.
Expected trend for today: Bullish