Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $67.50 short put and a strike $62.50 long put offers a potential 9.41% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $67.50 by expiration. The full premium credit of $0.43 would be kept by the premium seller. The risk of $4.57 would be incurred if the stock dropped below the $62.50 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 at 70.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
The Tech Industry is Vanishing Before Our Eyes
Thu, 21 Aug 2014 17:44:13 GMT
Data breach at UPS Stores in 24 states
Thu, 21 Aug 2014 10:26:00 GMT
SeeWhy acquisition complements SAP’s marketing initiative
Wed, 20 Aug 2014 21:00:18 GMT
Market Realist – Through digital media—including email, desktops, mobile, and social channels—SeeWhy delivers one-on-one marketing campaigns that lead to increased customer engagement and drive revenues.
Hard to call Facebook successful: Hambrecht
Tue, 19 Aug 2014 12:08:00 GMT
CNBC – Reflecting on Google's IPO by way of a Dutch auction, and tech IPOs today, with Bill Hambrecht, co-founder and Chairman of WR Hambrecht, and Morgan Stanley Wealth Management's Gary Kaminsky.
[$$] 6 Undervalued Enterprise Software Stocks
Fri, 15 Aug 2014 20:17:00 GMT
Barrons.com – Sterne, Agee & Leach The “dog days” of summer should provide opportunities for us to reposition the software portfolio while low trading volumes may not reflect true value in our coverage universe. …
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