Adobe shakes off negative pressure - Analysis - 01-04-2021

Economies.com
2021-04-01 10:03AM UTC

Adobe Systems' stock (ADBE) rose 2.31% in the last session, shaking off negative pressure from the 50-day SMA, amid the dominance of the main upward trend in the medium term, with positive signals from the RSI after reaching overbought levels. 

 

Therefore we expect more gains for the stock, targeting the resistance of 505.65, provided the support of 453.00 holds on.

 

Expected trend for today: Bullish 

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