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 13.9% return on risk over the next 22 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 $0.61 would be kept by the premium seller. The risk of $4.39 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 64.57 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
What to Get and Where to Go for the Best Cyber Monday Deals
Sun, 30 Nov 2014 21:40:00 GMT
9:34 am Adobe Systems extends opening push to 73.50, stalls just shy of its multi-year close high from July and Sep peak at 73.57/73.58
Sun, 30 Nov 2014 14:34:00 GMT
Adobe Reports New Online Sales Records for Thanksgiving, Black Friday; $1.33 Billion and $2.4 Billion Respectively
Sat, 29 Nov 2014 02:55:00 GMT
Business Wire – Adobe today released its 2014 Digital Index Online Shopping data for the holiday season. Between November 1 and November 28, $32 billion have been spent online, 14 percent more than in 2013.
Why NVIDIA Quadro is a key growth area
Fri, 28 Nov 2014 13:00:49 GMT
Lightning Round: This stock is a horse!
Wed, 26 Nov 2014 00:17:02 GMT
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