mercury_rising

Short-term Bullish on Adobe

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NASDAQ:ADBE   Adobe Inc.
I'm looking at ADBE today. Seeing a lot of good signs for a shorter-term play. I'm seeing Bullish Divergence on the Daily chart (as well as recent 4-hr Bullish Divergence). In addition, ADBE has entered a *strong* buy zone on the lower indicator (something that hasn't happened since 2011). Working against ADBE is the negative momentum, however, I think there's a good chance we see bulls step in over the next few weeks. I'm interested in increasing my exposure here.

Good Luck


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