The Long Investor
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$ADBE TOP 10
🕑 Added 2025-02-10 18:21:33 +0000 UTC$ADBE is looking very good here, inverse head and shoulders has formed and we are seeing a test of the 50 Day MA at the 0.5 Fib happening next.
Above this important support level and the next test is the 200 Day MA which is at the wedge trend line at $503.
$ADBE is in my TOP 10 list for a reason and I like how it has held the perfect 0.618 Fib support level at $412 and up +10% since then.
Above the 200 Day MA and the reversal is confirmed for me and we are into Wave 3, with the target as always at the 1.618 Fib at $997
$700 will also be an important level to flip too.
Comments
ِAbdulmohsen
Will you gonna update the chart Cap after the report?
Jordan
Entered today!
DiegoTheSabre17
I been monitoring the small head and shoulders bottom that is forming
Clay
I'm selfishly hoping for a small rejection at the 50dma. I'm kicking myself for not buying at $430
