Adobe receives positive support - Analysis - 22-09-2020
Economies.com
2020-09-22 10:26AM UTC
Adobe's stock rose 1.89% in the last session after leaning on the support of the 50-day SMA, lending it positive momentum, while still hurt by piercing the main upward trend line recently.
Therefore we expect the stock to return lower, targeting the support of 423.77, provided it holds below 470.05.
Expected trend for today: Bearish
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