Adobe's most recent trend suggests a bearish bias. One trading opportunity on Adobe is a Bear Call Spread using a strike $72.50 short call and a strike $77.50 long call offers a potential 11.61% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $72.50 by expiration. The full premium credit of $0.52 would be kept by the premium seller. The risk of $4.48 would be incurred if the stock rose above the $77.50 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
Keep Investing in the Cloud, It's Working
Wed, 26 Feb 2014 02:32:00 GMT
Motley Fool – Software companies that are shifting their offerings into the cloud are outperforming the markets, and investors should look closely at the theme.
The Dalai Lama's Words For Silicon Valley Leaders
Tue, 25 Feb 2014 23:00:00 GMT
Forbes – On the last day of his 3-day swing by the Bay Area, the Dalai Lama sported his Santa Clara University visor Monday morning as he told a Silicon Valley audience that companies should teach compassion. In a region filled with the world’s largest tech giants, the Dalai Lama emphasized the importance […]
First Week Of October 18th Options Trading For Adobe Systems (ADBE)
Tue, 25 Feb 2014 17:36:00 GMT
TheStreet – Investors in Adobe Systems, Inc. saw new options become available this week, for the October 18th expiration.
Oracle Strikes BlueKai Deal for a Marketing Trifecta
Mon, 24 Feb 2014 22:56:32 GMT
The Wall Street Journal – Oracle agreed to buy digital-marketing startup BlueKai, another sign of how technology giants are scrambling to sell more software to the digital-hungry marketing industry.
Twitter Rebrands Ads API Program
Fri, 21 Feb 2014 21:40:06 GMT
Zacks – Twitter has recently renamed its Ads API Program that it unveiled a year ago. The rebranded platform is now called Twitter Marketing Platform Program.
Related Posts
Also on Market Tamer…
Follow Us on Facebook