ADBE NASDAQ
Adobe
STAY LONG
Close
623.32
Prev.Close
619.27
Change
+4.0500
Change%
+0.65%
BEARISH HARAMI CROSS
Bought at
532.06
Open
613.98
High
625.60
Low
612.26
Close
623.32
Gain%
+17.15%
Signal History
Pattern & Confirmation Chart for the Last 6 Months
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 10/31/2023, 28 days ago, when the stock price was 532.06. Since then ADBE has risen by +17.15%.
The market is uncertain with a negative tilt. The traders seem to be in disagreement. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert. The share price is still not below the confirmation level and the signal is suggesting to STAY LONG, but the chance of a bearish confirmation that will change the signal to <SELL is quite high. The Delayed Intraday Module is ON. We strongly suggest you to follow the price action on an intraday basis, given the downside risks involved.
This is a major bearish reversal pattern, which is even more significant than a regular Bearish Harami. The outline again looks like a pregnant woman, as with the Bearish Harami Pattern. However, now the baby is a Doji. Basically, the pattern is characterized by a white body followed by a Doji that is completely inside the range of the prior white body. more...
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