ADBE - 12.52% Potential Profit - Corridor Breakout

20 Ağu 2020

Corridor Breakout out of a 1-month price correction. Strong possibility to hit the uptrend resistance line.

Target price set at resistance line bounce.

- Historical Uptrend
- RSI and STOCH well above 50
- MACD well above Signal

Suggested Entry $467.15
Suggested Stop Loss $456.41
Target price $525.55

Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.

30 Ağu 2020

İşlem kapandı: hedefe ulaştı

10.50% profit