Adobe widens gains - Analysis - 14-08-2020

Economies.com
2020-08-14 11:55AM UTC

Adobe System's stock rose in the intraday levels after leaning on the support of the 50-day SMA, while testing the support of the ascending price channel that guided recent short-term trading, amid positive signals from the RSI. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 467.65. 

 

Expected trend for today: Bullish 

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