Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 11.36% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $57.50 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $4.49 would be incurred if the stock dropped below the $52.50 long put 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 below 20 which suggests that the stock is in oversold 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
Colin Kaepernick Discusses Super Bowl, and More
Sat, 01 Feb 2014 17:12:51 GMT
Testing the 50-Day Line
Sat, 01 Feb 2014 14:35:00 GMT
Massive leverage in Adobe wager
Fri, 31 Jan 2014 17:20:21 GMT
Investors should stop freaking out
Thu, 30 Jan 2014 18:16:00 GMT
ADOBE SYSTEMS INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
Wed, 29 Jan 2014 21:07:13 GMT
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