Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 20.48% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $4.15 would be incurred if the stock dropped below the $72.50 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 71.76 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
Adobe Report Reveals Best Times to Book Travel Online
Thu, 21 May 2015 19:00:34 GMT
noodls – )–Adobe (Nasdaq:ADBE) today released its annual Digital Index Travel Report, which reveals the best times to book airfare and hotels, top destinations, total online travel spend, consumer buying behaviors …
Marketing Automation Is New High-Tech Buzz: 4 Software Stocks to Buy
Thu, 21 May 2015 14:10:16 GMT
24/7 Wall St. – Among the newest buzzwords is marketing automation, which refers to technologies designed for marketing organizations to effectively market on multiple channels online and automate repetitive tasks.
Traveling this summer? Don't book too early
Thu, 21 May 2015 13:26:58 GMT
Adobe Report Predicts Summer Travel Spend to Increase to $65 Billion
Thu, 21 May 2015 10:01:00 GMT
Business Wire – Adobe today released its annual Digital Index Travel Report, which reveals the best times to book airfare and hotels, top destinations, total online travel spend, consumer buying behaviors across devices and more.
Software Soars, But Cream Hasn't Risen To The Top
Wed, 20 May 2015 21:47:00 GMT
Investor's Business Daily – The desktop software industry group was the best performer Wednesday, with a gain of more than 2%. But it was due mainly to the performance of a single, hardly noticed IPO that has soared. That company, …
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