Adobe's most recent trend suggests a bearish bias. One trading opportunity on Adobe is a Bear Call Spread using a strike $250.00 short call and a strike $255.00 long call offers a potential 53.85% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $250.00 by expiration. The full premium credit of $1.75 would be kept by the premium seller. The risk of $3.25 would be incurred if the stock rose above the $255.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Adobe is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Adobe is bearish.
The RSI indicator is at 68.17 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
For retailers, the smartphone is future of store experience
Wed, 12 Dec 2018 16:26:42 +0000
NEW YORK (AP) — Just a few years ago, retailers considered smartphones the enemy of the in-store experience they were trying to create. Customers often whipped out their device to compare prices online and then walked out of the store to buy the same product elsewhere.
Here's Why I Like Adobe Stock Long-Term
Wed, 12 Dec 2018 14:25:00 +0000
Whisper numbers are running up to a nickel higher than that “official” consensus. One of the main reasons that I have loved Adobe over time has been their early embrace of the subscription economy. It has now been roughly five years since the firm started moving away from the old transaction model and toward licensing the firm's product line.
Sting uses fake Amazon boxes, GPS to catch would-be thieves
Wed, 12 Dec 2018 14:18:41 +0000
The explosion in online shopping has led to porch pirates and stoop surfers swiping holiday packages from unsuspecting residents. The cops in one New Jersey city are trying to catch the thieves with some trickery of their own.
The New Perception of Normal: Market Recon
Wed, 12 Dec 2018 13:24:00 +0000
Some of you will recall not just the stock market crash of Black Monday, 19 October 1987, but also the volatility experienced throughout that entire week. On that extremely intense day, the Dow Jones Industrial Average hit the bricks to the tune of 508 points. Some of you will recall that financial markets stormed in some cases more than half way back within a day or two, but confidence had been shaken.
Top Stock Picks for the Week of December 10th
Tue, 11 Dec 2018 20:53:08 +0000
A Software and Specialty Retailer in Focus.
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