Adobe's most recent trend suggests a bearish bias. One trading opportunity on Adobe is a Bear Call Spread using a strike $60.00 short call and a strike $65.00 long call offers a potential 9.41% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $60.00 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 $65.00 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 at 58.18 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Adobe
First Week of ADBE July 2014 Options Trading
Tue, 19 Nov 2013 16:36:00 GMT
Forbes – Investors in Adobe Systems, Inc. (NASD: ADBE) saw new options become available this week, for the July 2014 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 242 days until expiration the newly available […]
Lady Gaga's $25 Million Art Machine Can't Buy a Real Hit
Tue, 19 Nov 2013 10:50:33 GMT
BusinessWeek – Flying spacesuits, vast promotional spending, and name-brand pop art have failed to fire demand for Lady Gaga's artless ARTPOP album
EXCLUSIVE – FBI warns of U.S. govt breaches by Anonymous hackers
Mon, 18 Nov 2013 18:13:43 GMT
Reuters – (Corrects sixth paragraph to change number of bank accounts to almost 2,800, not 2,0000 as sent) BOSTON/SAN FRANCISCO (Reuters) – Activist hackers linked to the collective known as Anonymous have secretly accessed U.S. government computers in multiple agencies and stolen sensitive information in a campaign that began almost a year ago, the FBI warned this week. The hackers exploited a flaw in Adobe Systems Inc's (NSQ:ADBE) software to launch a rash of electronic break-ins that began last December, then left “back doors” to return to many of the machines as recently as last month, the Federal Bureau of Investigation said in a memo seen by Reuters. The memo, distributed on Thursday, described the attacks as “a widespread problem that should be addressed.” It said the breach affected the U.S. Army, Department of Energy, Department of Health and Human Services, and perhaps many more agencies.
Exclusive: FBI warns of U.S. government breaches by Anonymous hackers
Mon, 18 Nov 2013 18:10:08 GMT
Reuters – BOSTON/SAN FRANCISCO (Reuters) – Activist hackers linked to the collective known as Anonymous have secretly accessed U.S. government computers in multiple agencies and stolen sensitive information in a campaign that began almost a year ago, the FBI warned this week. The hackers exploited a flaw in Adobe Systems Inc's software to launch a rash of electronic break-ins that began last December, then left “back doors” to return to many of the machines as recently as last month, the Federal Bureau of Investigation said in a memo seen by Reuters. The memo, distributed on Thursday, described the attacks as “a widespread problem that should be addressed.” It said the breach affected the U.S. Army, Department of Energy, Department of Health and Human Services, and perhaps many more agencies. Investigators are still gathering information on the scope of the cyber campaign, which the authorities believe is continuing.
Exclusive: FBI warns of U.S. government breaches by Anonymous hackers
Mon, 18 Nov 2013 18:10:08 GMT
Reuters – BOSTON/SAN FRANCISCO (Reuters) – Activist hackers linked to the collective known as Anonymous have secretly accessed U.S. government computers in multiple agencies and stolen sensitive information in a campaign that began almost a year ago, the FBI warned this week. The hackers exploited a flaw in Adobe Systems Inc's software to launch a rash of electronic break-ins that began last December, then left “back doors” to return to many of the machines as recently as last month, the Federal Bureau of Investigation said in a memo seen by Reuters. The memo, distributed on Thursday, described the attacks as “a widespread problem that should be addressed.” It said the breach affected the U.S. Army, Department of Energy, Department of Health and Human Services, and perhaps many more agencies. Investigators are still gathering information on the scope of the cyber campaign, which the authorities believe is continuing.
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