Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 12.61% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.56 would be kept by the premium seller. The risk of $4.44 would be incurred if the stock dropped below the $55.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Adobe is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Adobe is bullish.
The RSI indicator is at 60.42 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Adobe
ADOBE SYSTEMS INC Files SEC form 10-K, Annual Report
Tue, 21 Jan 2014 21:16:14 GMT
Costs of Target's cyber attack have finally hit home
Fri, 17 Jan 2014 18:26:47 GMT
Financial Times – When the US retailer Target announced that millions of customers' data had been stolen in a cyber attack last month, I was only vaguely interested, despite being an occasional shopper at the low price …
Investing in 2014 & beyond
Fri, 17 Jan 2014 12:07:00 GMT
CNBC – Alison Deans, Varick Asset Management, provides her outlook on the markets and where she is spotting weakness and opportunity. I think European banks are an interesting place to have money right now, says …
Adobe Systems Adds 3-D Printing to Photoshop
Thu, 16 Jan 2014 19:51:56 GMT
Motley Fool – Adobe Systems just added 3-D printing functions to the popular Photoshop CC software. Adobe hopes to “turbocharge” the emerging 3-D printing market.
Adobe Photoshop Adds Tools For 3D Printing
Thu, 16 Jan 2014 17:42:00 GMT
Forbes – One of the world's most popular creative software suites just dialed into a hot trend: 3D printing. Adobe Photoshop is a favorite among designers and creative types using it for 2 dimensional work, but the software giant announced major support for 3D printers this week via an update to Photoshop […]
Also on Market Tamer…
Follow Us on Facebook