Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $110.00 short put and a strike $100.00 long put offers a potential 16.41% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $110.00 by expiration. The full premium credit of $1.41 would be kept by the premium seller. The risk of $8.59 would be incurred if the stock dropped below the $100.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Adobe is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Adobe is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Adobe
Amazon, Facebook, Adobe: 3 Tech Stocks Near Buys As Nasdaq At Highs
Sun, 22 Jan 2017 16:08:59 GMT
ADOBE SYSTEMS INC Files SEC form 10-K, Annual Report
Fri, 20 Jan 2017 21:17:50 GMT
Inside Salesforce’s Focus in 2017
Fri, 20 Jan 2017 14:07:12 GMT
Market Realist – In addition to SaaS (software-as-a-service), Salesforce (CRM) has now set its sights on the marketing cloud space to chase growth.
The US says Oracle is encouraging Indians to hire others Indians—and it’s killing diversity
Thu, 19 Jan 2017 22:38:18 GMT
Why Salesforce Has to Be Ambitious in Revenue Growth
Thu, 19 Jan 2017 22:35:44 GMT
Market Realist – Salesforce pioneered SaaS, and since its launch, Salesforce has developed an impressive mix of cloud-based offerings.
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