TECH Sell 19.12.2024 13:13
Adobe Inc.: Murrey analysis
Shares of Adobe Inc., a leading American software developer, have been actively declining for the second week in a row: during this time, the price reversed from the 546.88 mark (Murrey level [7/8]), moved into the negative zone of the main Murrey trading range and is currently close to its lower limit of 437.50 (Murrey level [0/8]), consolidating below which will allow quotes to develop downward dynamics towards the targets of 421.88 (Murrey level [1/8]) and 406.25 (Murrey level [2/8]).
Indicators
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Wait
Overall recommendation Wait
Overall recommendation Wait
Overall recommendation Wait
Overall recommendation Sell