Technical Analysis Of Adobe Inc.
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Today’s instrument is Adobe Inc.‘s stock traded on the Nasdaq exchange under the ticker ADBE.
Looking at ADBE‘s chart, we see that it has been on an uptrend in the past months, which is supported by the AI frenzy. It was lastly traded at around $479.55 and since it is announcing its quarterly earnings today if the market’s anticipation is positive, then we could see its share price rise to test its 52W high level at $491.51.
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