Every Saturday I open the weekly charts. The first chart I opened this week was ADBE. I think ADBE stock has been unfairly battered recently. The revenue has been steadily rising despite the stock price dropping. That itself is a bit of bullish divergence. Also, it needs mentioning that I'm photographer by trade. I use ADBE products every day. I understand the competition they're now facing. I also understand that for the past 20 years, every time a new product has come out with a feature drawing people away, ADBE has added it quickly and made that other program useless. Moreover, while all other stocks are getting high valuations, ADBE is being hurt by it - despite their AI development being top notch. ADBE has a forward P/E somewhere around 15x. That's great value. Ok, so let's go over to the chart and see why I think it's time to start accumulating ADBE. 1. Price action is in a falling wedge. This is bullish pattern. It means that the selling pressure is slowly dying off. Eventually, these patterns generally break upwards 2. Ancient support. There's a lot of support here from late 2022 and 2023. 3. There's bullish divergence on the RSI. The last time there was bullish divergence was around April 2022. When that happened, the price $334 to $450 in a couple months. Of course, afterwards it crashed down with everything else on the market in the summer (from $450 down to $273). After that bottom, it went on a wild rally from $273 to $630 over the following 14-16 months. So here we are, will history repeat? I'm going to start DCA'ing a position on Monday. But I won't be doing a traditional DCA. More a RDCA (Red Day Cost Average), any day ADBE closes red, I'll add. I have 2 targets: - Target 1 = $415 where the neckline is of the double bottom pattern). - Target 2 = $480 there's a volume gap up to $480 if the pattern breaks. I'll go active here on Monday, and update every time I add.

- Adobe reversed from support area - Likely to rise to resistance level 350.00 Adobe recently reversed from the support area surrounding the key support level 327.00 (which has been reversing the price from April) – strengthened by the lower daily Bollinger Band. The upward reversal from the support area formed the daily Japanese candlesticks reversal pattern Hammer, which stopped the earlier ABC correction (ii) from the end of October. Given the strength of the support level 327.00 the bullish divergence on the daily Stochastic indicator, Adobe can be expected to rise to the next resistance level 350.00.

Adobe NASDAQ:ADBE - LONG | Orbis Investment Entry: 335.42 TP: 465.56 SL: 274.70 RR: 2.14 #Adobe #ADBE #NASDAQ #Stocks #Equities #TradingView #TechnicalAnalisis #Bolsa #Inversiones #Trading #OrbisInvestment

ADBE is currently holding at the long-term ascending channel support, and we can say it’s moving sideways between $330 and $360. It’s important to note that in previous tests of this ascending channel support, the price moved more rapidly; however, this time it seems to be taking a breather, indicating that the stock may be in a consolidation phase. This also reflects the current environment of increasing competition and growth among technology companies. If a position is to be opened, $327.50 (the lowest level it recently reached) can serve as a stop-loss point. For those who want to avoid a potential bear trap, $319.33 could be considered a safer stop-loss level. The first upside target would be $420, while in the event of a downward move, the price may head toward the $275 horizontal support level. I wanted to keep the chart quite simple, but the indicators are signaling a potential upward movement. It seems that the price may soon move toward $420. This is not investment advice — it reflects only my personal opinion. This is not investment advice.

Adobe seems to have completed a 4 year correction which started from Nov 2021. THe stock doesnt have momentum so don't expect immediate extraordinary returns but it will 3x in 3 years with hardly any downside. The valuations are extremely good, and the chart setup on weekly is once in multi year opportunity for a risk free return.

Adobe’s stock is entering a critical structural phase — the completion of its third global impulse and the start of the fourth corrective wave. While the long-term uptrend remains intact, the price structure and fundamentals suggest that the most explosive growth period may already be behind us. 🧭 Long-Term Technical Context Looking back to the early 2000s, Adobe has moved through a textbook Elliott Wave structure. The first and second waves built the base, while the third wave delivered the explosive rally — from roughly $30 to $600, marking a 20x increase. Now, the fourth subwave of the third major wave appears to be forming — a phase typically characterized by sideways consolidation and distribution by institutional players. 🔺 Wave 4 Triangle Formation In many long-term wave structures, the fourth wave forms a triangle (ABCDE pattern) — a contracting structure where price oscillates between defined boundaries. We can already observe the emerging shape: Wave A and B are complete Wave C is in progress Wave D and E will likely complete the pattern before the final breakout Once the triangle ends, a final Wave 5 push could occur — potentially extending toward $700, or in an extended scenario, even $2000. 📊 Trading Range and Short-Term Strategy At this stage, smart money tends to distribute positions gradually. The price is oscillating within a broad corridor, providing opportunities for range-based trading: Buy zones: near the triangle lows (Wave A area around $350) Profit zones: near the triangle highs (Wave B area around $600) For swing traders, this range offers multiple short-term opportunities before the next major move begins. 💵 Fundamental Context Despite being in a late-wave structure, Adobe’s fundamentals remain strong. Share buybacks: The company continues to repurchase its own shares, supporting EPS growth. EPS trend: Rising steadily year over year. Revenue growth: Stable, around +10% YoY, with quarterly metrics showing +40% growth since Q1 2024. Forward P/E: Approximately 28, which, by Peter Lynch’s growth-to-PE logic, still appears reasonably valued. These metrics suggest that even in a market downturn, Adobe’s downside risk may be more limited compared to weaker tech peers. 🧮 Fundamental Summary ✅ Consistent buybacks supporting EPS ✅ Double-digit annual revenue growth ✅ Attractive valuation relative to growth metrics ✅ Strong defensive profile versus the broader tech sector There are no visible signs of fundamental weakness — only technical consolidation after years of exponential expansion. ⚠️ Alternative Scenario If the stock breaks below $270, the current wave structure may need adjustment. Such a move could imply a larger triangle or a flat correction, but the broader interpretation — that we’re inside a long-term Wave 4 — would remain valid. 📈 Market Outlook Adobe is transitioning from a high-momentum growth phase into a strategic accumulation and distribution phase. The stock is unlikely to replicate its earlier explosive rally, but it continues to offer structured trading opportunities inside a stable technical range. For long-term investors, the risk-reward remains balanced, supported by solid fundamentals. For traders, the triangle provides a clear framework: buy near lows, take profits near highs, and wait for the fifth wave breakout. 🧩 Summary Price structure suggests Wave 4 triangle formation Trading range between $350–$600 Fundamentals remain strong and defensive Forward P/E at 28 — reasonable given EPS growth Next major target: Wave 5 breakout toward $700–$2000 Adobe is no longer in its most explosive phase — but it’s far from weak. This is a mature consolidation period, not a decline story. For disciplined traders, the triangle may offer some of the cleanest swing setups in the tech sector.

This aligns almost perfectly with a Bullish Bat pattern. XA – Major impulsive rally (early 2023–late 2023) AB – Retracement ≈ 0.56 XA → within the typical 0.382–0.618 zone BC – Retraces ≈ 0.75 AB → again within the normal 0.618–0.786 range CD – Extends ≈ 1.78 BC → matches the 1.618–2.0 harmonic projection used in Bat completions XD – Ends near 0.886 XA (≈ $316) — the defining ratio for a Bullish Bat. However, price hasn't touched this number yet. 🪙 Key Levels D-point (Completion) potential reversal zone - 0.886 XA retracement at $316 area Descending green line resistance - Breakout currently near $370 - Confirm with volume First target 0.382 retrace of AD leg $410 area Second target 0.5 retrace of AD leg $456 area Cut below 315 ***Bullish divergence on weekly and daily RSI vs Price. Drop to 316 is welcome.

Adobe Inc. (ADBE) – Falling Wedge Breakout + Bullish Order Block Timeframe: 4H Pattern: Falling Wedge Key Zone: Bullish Order Block (325 – 345 USD) After an extended downtrend, Adobe formed a falling wedge pattern, signaling a potential bullish reversal. Price recently broke the upper trendline with a clear Change of Character (ChoCH), confirming strength from buyers. The order block around 325–345 USD acts as a strong demand zone where institutional buying interest is likely to be present. A successful retest of this area could trigger a continuation move toward the next major resistance around 460 USD. Trade Outlook Entry Zone: 335 – 345 (Order Block Retest) Target: TP 1-- $400 TP 2-- $460 Stop Loss: Below 325 Risk–Reward Ratio: 1 : 3, 5 Bias: Bullish

adobe is really looking bullish with all signs leading to a breakout .we have been skipping at the 330 levels and now is the time for a sizable breakout

ADBE is showing us potencional mittigation of Major Daily Demand level (300- 275). This level should be strong enough to give needed demand to push price towards weekly Supply levels. Be careful of 11th Dec on E&R. Let's talk about ADBE together