View RSS Feed

FXstreet

Is Adobe Stock Attractive At Current Levels?

Rate this Entry
by , 04-25-2022 at 07:52 PM (208 Views)
      
   
Name:  adbe-d1-roboforex-ltd-2.png
Views: 47
Size:  24.1 KB

The company posted better than expected results in the first quarter of FY2022 (FY ends on Friday closest to November 30), with revenues increasing 9% y-o-y to $4.2 billion.
The daily price is located below Ichimoku cloud in the bearish area of the chart. The price is breaking 408 support level to below for the strong primary bearish trend to be continuing.

more...

Submit "Is Adobe Stock Attractive At Current Levels?" to Google Submit "Is Adobe Stock Attractive At Current Levels?" to del.icio.us Submit "Is Adobe Stock Attractive At Current Levels?" to Digg Submit "Is Adobe Stock Attractive At Current Levels?" to reddit

Tags: None Add / Edit Tags
Categories
Uncategorized

Comments