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 Systems' stock (ADBE) fell 2.53% in the last session while seeking a bottom to bolster it higher anew, amid positive support from the 50-day SMA, with the dominance of the main upward trend in the medium term.
Therefore we expect the stock to return higher, targeting the first resistance at 505.65, provided the support of 485.00 holds on.
Expected trend for today: Bullish