• Adobe broke multi-month support level 350.00
• Likely to fall to support level 300.00
Adobe today opened with the sharp downward gap, which broke below the key multi-month support level 350.00 (which stopped wave (5) in the middle of June).
The breakout of the support level 350.00 accelerated the active intermediate impulse wave (3), which then broke the daily down channel from February.
Adobe can be expected to fall further toward the next round support level 300.00 (target for the completion of the intermediate impulse wave (3)).
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…
Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…
• EURUSD falls due to geopolitics and expectations of tariff removal • Gold returns to…
Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…
Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…
This website uses cookies