Adobe

Video

Adobe - Near Completion of Rising Wedge (Bearish)

Adobe has been relatively strong stock which is nearing completion of a rising wedge and exploring technical reasons to consider it as short candidate running in to Earnings announcement on 17th Match 2016 which could lead it to spike into $100 region offering excellent opportunity to short using Jan 2017, $50 PUT for around $0.50 or better.

Adobe - Near Completion of Rising Wedge (Bearish)

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Adobe - Near Completion of Rising Wedge (Bearish)

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