The Long Investor
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$ADBE - TOP 10 -
🕑 Added 2025-01-13 10:42:12 +0000 UTC$ADBE is slightly below the 0.618 Fib support level now at $413, so support has not been found yet and if the price action can not try and regain the $413 level shortly then the lower 0.78 Fib level at $351 comes into play....leading into earnings which is expected in early March.
$ADBE is a company I think will do well during a correction and it is part of the Top 10 list.
But support needs to be found first before considering a position and accumulating.
The 200 WMA is at least +20% higher at $486, so the Risk V Reward favours the Reward side the lower this can go.
