Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $140.00 short put and a strike $130.00 long put offers a potential 9.17% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $140.00 by expiration. The full premium credit of $0.84 would be kept by the premium seller. The risk of $9.16 would be incurred if the stock dropped below the $130.00 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 67.7 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
Adobe Reimagines PDF Creation for a Mobile-First World
Thu, 01 Jun 2017 04:01:00 +0000
As the workplace of the future unfolds and digital transformation takes hold both at the office and in our personal lives, smartphones and tablets are increasingly relied upon to get real work done from anywhere – whether digitizing tax documents, capturing receipts to submit an expense report or getting a sales contract signed before the quarter ends.
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Wed, 31 May 2017 11:06:00 +0000
Dynavax Technologies Corporation, Adobe Systems, and Goldman Sachs are three stocks that savvy investors should have on their radars right now.
Here's what traders are buying in the no FANG zone
Tue, 30 May 2017 21:00:00 +0000
The "Fast Money" traders weigh in on the no FANG zone and names to buy outside FANG.
[$$] Funding Snapshot: Demandbase Raises $65 Million Late Stage Round
Fri, 26 May 2017 21:26:34 +0000
Company: Demandbase Inc.
3 Growth Stocks for Those Moving Up in the World
Wed, 24 May 2017 20:05:00 +0000
An educator, a productivity software company, and a payroll provider make our short list of top growth stocks for movers and shakers to buy.
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