Intraday Technical Analysis Of Adobe Inc. - Thursday, March 16

Last night, Adobe announced better-than-expected results and thus today we should expect it to break through the resistance level which is located at around $350 and to be traded between that level and the next resistance level at around $357.

Today’s instrument is the Adobe Inc.‘s stock traded in Nasdaq exchange under the ticker (ADBE). 

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Looking at the ADBE‘s chart, we see that it was lastly traded at around $333.

Last night, it announced better-than-expected results and thus today we should expect it to break through the resistance level which is located at around $350 and to be traded between that level and the next resistance level at around $357.

AAATrade's Intraday Technical Analysis of Adobe Inc. - 16/03/2023

 


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