Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 10.86% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 by expiration. The full premium credit of $0.49 would be kept by the premium seller. The risk of $4.51 would be incurred if the stock dropped below the $65.00 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 at 78.88 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
The best day to shop online is not Cyber Monday
Fri, 07 Nov 2014 15:04:33 GMT
MarketWatch – Mapping your holiday-shopping game plan? Put Thanksgiving on your calendar.
Warning: Big data could mean big risk
Thu, 06 Nov 2014 18:53:36 GMT
CNBC – Before you jump on the big data bandwagon, make sure you're prepared for the big risk that comes with it, says consultant Glenn Kapetansky.
Best prices to come on Thanksgiving?
Thu, 06 Nov 2014 16:57:00 GMT
Newscast: Wall Street may retreat
Thu, 06 Nov 2014 12:42:51 GMT
Adobe Data Shows Best Holiday Deals Available Before Black Friday
Thu, 06 Nov 2014 05:01:00 GMT
Business Wire – Adobe today released its 2014 Digital Index Online Shopping Forecast for this year’s holiday season. Adobe data predicts online prices will hit rock bottom on Thanksgiving Day, lower than any other day during the holiday season.
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