Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $210.00 short put and a strike $195.00 long put offers a potential 13.04% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $210.00 by expiration. The full premium credit of $1.73 would be kept by the premium seller. The risk of $13.27 would be incurred if the stock dropped below the $195.00 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 47.95 level which suggests that the stock is neither overbought nor oversold at this time.
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
DA Davidson Says Its Dropbox Estimates Could Be Conservative: ‘We Believe Shares Should Outperform'
Mon, 16 Apr 2018 19:57:11 +0000
Ahead of Dropbox Inc. (NASDAQ: DBX )'s IPO, D.A. Davidson initiated coverage of the company with a Buy rating and $22 price target. The stock listed on the Nasdaq March 23 and recorded a 35.6-percent gain …
Adobe Systems Incorporated Stock Has the Right Stuff to Keep the Momentum Going
Mon, 16 Apr 2018 18:22:57 +0000
Adobe Systems Incorporated (NASDAQ:ADBE) isn’t what most people consider a high-flying investment. Let me first state my personal bias with Adobe stock. My next crack at ADBE stock was on Nov. 10, less than a month later.
Why Is Adobe (ADBE) Up 3.7% Since Its Last Earnings Report?
Mon, 16 Apr 2018 05:53:05 +0000
Adobe (ADBE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Adobe Names David A. Ricks to Its Board of Directors
Fri, 13 Apr 2018 20:05:00 +0000
Adobe today announced the appointment of David “Dave” A. Ricks to its board of directors, effective April 12, 2018. The addition of Ricks expands Adobe’s board of directors from 10 to 11 members.
What Are AMD’s Key Growth Areas for 2018?
Fri, 13 Apr 2018 13:00:45 +0000
So far, we’ve talked about the possible impact of the cryptocurrency trend on Advanced Micro Devices (AMD). Easing investors’ and analysts’ concerns, AMD gave a statement that its long-term growth is not dependent on cryptocurrency as it’s not even its core market. The chip supplier stated that its long-term growth will come from three key markets: PCs (personal computer), professional graphics, and servers.
Related Posts
Also on Market Tamer…
Follow Us on Facebook