Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $62.50 short put and a strike $57.50 long put offers a potential 9.65% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $62.50 by expiration. The full premium credit of $0.44 would be kept by the premium seller. The risk of $4.56 would be incurred if the stock dropped below the $57.50 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 43.6 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
The ratings system that could change the TV industry forever
Thu, 23 Oct 2014 20:04:42 GMT
Video Viewing on Mobile Devices Skyrockets
Wed, 22 Oct 2014 18:46:38 GMT
Tuesday’s Notable Options Activity: VIX Round Trip
Wed, 22 Oct 2014 12:29:00 GMT
Nielsen Rating Could Boost TV Online, Via Adobe Pact
Tue, 21 Oct 2014 14:49:00 GMT
Adobe Named a Leader in Enterprise Marketing Software Suites by Independent Research Firm
Tue, 21 Oct 2014 14:15:00 GMT
Business Wire – Adobe today announced the company has been recognized as a leader in “The Forrester Wave™: Enterprise Marketing Software Suites, Q4 2014.” Adobe was among a group of select vendors that Forrester Research, Inc.
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