TRADING TIPS

ADBE Next Targets

Hubert Senters here. Let’s take a look at the Adobe, ADBE. So a few years back and if you had any Adobe software Photoshop Lightroom elements, I also have really good video editing software. They shifted their concept or their model. It used to be – you bought it one time and then you would upgrade year after year after year depending on if you want to upgrade the software and that’s all a subscription month pretty much. So now, the stocks are obviously doing very well today. It’s one of the biggest net opposite gainers up $7.58 cents or up $3.41%. Get a little tongue tied here today. Looks good it probably will go higher but we’re going to is we’re going to zoom in here and see where this bad boy can go from here. We’re going to use a Fibonacci extension and we’re going to do a cheat real quick. We’re going to do a close up one and I’m not really cheating. I’m just trying to zoom in here and see that’s not going to be a perfect one but that’s where we’re going to go one, two and then three. So next target for Adobe in its near future will be $234.76 and $237.46. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.  

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