ADBE Finally Breaking
ADBE was stuck in consolidation but is finally starting to look like it is going to break, in this case to the upside. In the video I walk through the charts, potential targets, and several trade ideas to consider.
ADBE was stuck in consolidation but is finally starting to look like it is going to break, in this case to the upside. In the video I walk through the charts, potential targets, and several trade ideas to consider.
This week’s plan is a lot like last week’s in that we still like the long side but yet again early this week find ourselves at the high of a move. Long story short, we wait for the retracement to add or engage with largely the same bias as recently discussed.
TSLA had a large bounce today to add to its bounce from a Voodoo Fireline early this month. It has now reached the first important hurdle above. It will hold the clues for what comes next.
There are some major technical changes to the market that we’ll review before next week.