Adobe's most recent trend suggests a bearish bias. One trading opportunity on Adobe is a Bear Call Spread using a strike $75.00 short call and a strike $80.00 long call offers a potential 9.41% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $75.00 by expiration. The full premium credit of $0.43 would be kept by the premium seller. The risk of $4.57 would be incurred if the stock rose above the $80.00 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 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 SYSTEMS INC Files SEC form 10-Q, Quarterly Report
Wed, 25 Jun 2014 20:04:42 GMT
Adobe Foundation Announces Winners of the Third Annual Adobe Youth Voices Awards
Mon, 23 Jun 2014 20:01:00 GMT
Business Wire – The Adobe Foundation today announced the winners of the third annual Adobe Youth Voices Awards, a global, online competition inviting students ages 13-19 to use digital media to express their vision for driving positive change in their communities.
Oracle spends $5B on cash registers
Mon, 23 Jun 2014 13:56:00 GMT
CNNMoney.com – No Article Body
Must-know: Why has Adobe partnered with market leader SAP?
Fri, 20 Jun 2014 17:00:15 GMT
Market Realist – A few months back, Adobe (ADBE) and SAP (SAP) agreed to partner up. SAP will resell Adobe's Marketing Solution with its HANA platform and the hybris e-commerce suite.
Oracle must make radical shift: Ulanoff
Fri, 20 Jun 2014 15:05:00 GMT
CNBC – Robert Breza, Sterne Agee research analyst, reacts to Oracle's Q4 earnings miss. Lance Ulanoff, Mashable editor-at-large, discusses his cloud concerns for the tech company.
Related Posts
Also on Market Tamer…
Follow Us on Facebook