RS3175

ADBE to Reach 650 by Year-End

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BATS:ADBE   Adobe Inc.
Weekly Chart of ADBE

ADBE has bounced from an important support level (green band).

Corrective Wave 4 is forming.

ADBE will go down to 530 next week (starting 6 Nov) to complete Wave 4.

Thereafter, there will be a sharp Wave 5 going up to the resistance level (red band).
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