Adobe strives to pierce current resistance - Analysis - 26-07-2019

Adobe's stock was dominated by the upward trend in the medium and short terms, while trying to pierce the stubborn resistance of 312.85, amid positive support from the 50-day SMA, with positive signals from the RSI. 

Therefore we expect the stock to rise, especially if the resistance of 312.85 was breached, targeting the next one at 330.30. 

Expected trend for today: Bullish