Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $65.00 short put and a strike $60.00 long put offers a potential 9.17% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $0.42 would be kept by the premium seller. The risk of $4.58 would be incurred if the stock dropped below the $60.00 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 57.34 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
Apple hops on board Obama program to wire up schools
Tue, 28 Oct 2014 00:47:59 GMT
Apple hops on board Obama program to wire up schools
Tue, 28 Oct 2014 00:19:57 GMT
Adobe Partners with Workday to Modernize HR Processes with E-signatures
Mon, 27 Oct 2014 14:08:31 GMT
noodls – FOR IMMEDIATE RELEASE Adobe EchoSign Integration Boosts Productivity, Streamlines Job Offers and Simplifies Onboarding for Workday Customers San Jose, Calif. – Oct. 27, 2014 – Adobe (Nasdaq:ADBE) today …
Adobe Partners with Workday to Modernize HR Processes with E-signatures
Mon, 27 Oct 2014 13:01:00 GMT
Business Wire – Adobe today announced a partnership with Workday to integrate Adobe EchoSign e-signature capabilities into Workday Human Capital Management , an end-to-end cloud system that enables organizations to make faster decisions and gain operational visibility.
CORRECTING and REPLACING GRAPHIC Adobe Named a Leader in Enterprise Marketing Software Suites by Independent Research Firm
Sun, 26 Oct 2014 00:00:00 GMT
Business Wire – A multimedia asset accompanying this release has been removed.
Related Posts
Also on Market Tamer…
Follow Us on Facebook