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 14.94% return on risk over the next 17 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 $0.65 would be kept by the premium seller. The risk of $4.35 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 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
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.
Monotype Gets Its Font Tech Deeper Into Advertising
Wed, 05 Nov 2014 23:26:00 GMT
Unravelling Adobe's 3D Printing Strategy
Wed, 05 Nov 2014 20:06:16 GMT
Here's The Single Best Day To Get Rock-Bottom Prices On Holiday Gifts
Wed, 05 Nov 2014 14:01:00 GMT
China and trade secrets: Not perfect, but better
Thu, 30 Oct 2014 20:38:48 GMT
CNBC – There could be good news for a problem that has plagued the world's second-biggest economy: intellectual property protection.
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