Adobe Inc.
تم تحديثه

ADBE coming back into the range, strong short squeeze potential

146
لقطة
تم فتح الصفقة
Currently at $278, into the pullback zone.
I have not taken a position yet but am closing monitoring.
Ideally I would like to see price exit the pullback territory on the downside and come back into it.
Then I would gauge an entry.
ملاحظة
Price wicked down to support just above $274. If buying at the end of the week is your thing, nice low risk/high reward play.
I'd rather wait to see what until Monday/Tuesday to see what the new week holds.
It's too risky holding over the weekend in this environment, in my opinion.
Trump can too easily tweet something stupid over the weekend. Not to mention a potential military conflict with Iran is just a breath away.
The potential for a broad market quick significant downside is much greater than a quick significant upside.
Wait until early next week.
تم فتح الصفقة
Trading range has expanded below the pullback entry zone.
A re-entry into the pullback zone, along with a 4 hour close above last week's open ($275.93) is my trigger to take the trade.
Target remains just below $310. (12% gain)
Stop will be an actively managed stop at/near/about the low from September 10th ($272.34). (1.3% loss)
R/R ratio: 9.23.
Unusually large R/R but very possible with the short squeeze that will ensue.
تم فتح الصفقة
Patience awarded those who waited until the new week. Trade is still off the table. Deeper potential pullback entry near $247-248 but yet to be determined.
Need to see how this downturn shapes up.
تم فتح الصفقة
Keep an eye on a 4hr close above $279.32. Any entry above a 240min close of $279.32 with a protective stop of $276.63 is an excellent risk/reward trade. Determine your level of risk.
Short-term target of $283.40. (5/1 risk/reward ratio)
Mid-term target of $290. (11/1 risk/reward ratio)
Longer term target is to blow out of short stops above old weekly and monthly highs to fuel price to new all time highs. (30+/1 risk/reward ratio)
Look to add with new highs on the the 240min and move up your protective stop as we go.
You can always re-enter if you get stopped out and a new entry presents itself.
Happy trading.
ملاحظة
Afterhours gap up to $295.
Didn't get an opportunity for get a 4hr close above $279.32 during regular hours.
Looking for panic short covering on the open.
I will be using lower time frames to place trades.
Would be best to wait until the close of the first 60 min candle on the bottom of the hour but a low risk opportunity may present itself shortly after the open.
تم فتح الصفقة
ADBE full time frame continuity to the upside (monthly, weekly, daily, hourly). Trade is now a strong buy until the time frame continuity is no longer fully to the upside. Each hourly to the upside can be added with appropriate descaling below.
A new 3Day bar prints tomorrow. Strong momentum to the upside by days end sets up potential for a strong gap on a new 3day.
ملاحظة
Full time frame continuity to the upside. Target 309.xx in sight.
أغلقت الصفقة: تم الوصول للهدف
Target 309.xx achieved at $309.06.
Trade closed.
تم فتح الصفقة
Trade back on the radar. Price attempting to continue expansion to the upside.
Entry above $309.67 with target of setting new all time high at $313.12.
Stop under $308.
r:r 2.08 with blue sky breakout potential +++
ملاحظة
Previous entry triggered at $309.67.
Add at continuation of $309.88.
Move stop to $309 (loss of 0.28%)
Target $313.12 (profit of 1.05%)
r:r 3.74
أغلقت الصفقة: تم الوصول لوقف الخسارة
$309 hit, stopped out.
Reevaluate next week.
ملاحظة
On the radar:
Pullback entry on the horizon.
Inside 60 min bar formed on a pullback.
Entry: $302.81
Stop: $299.50
Target: $330? (r:r 8.24) continuation of blue sky breakout into the highs, to be determined, approximately $330, expanding price to the trend line from set from the Sept 2018 high and July 2019 high.
تم فتح الصفقة
Entry: $302.81
Stop: $299.50
Target: $330? (r:r 8.24) continuation of blue sky breakout into the highs, to be determined, approximately $330, expanding price to the trend line from set from the Sept 2018 high and July 2019 high.
ملاحظة
Trade management update: stop moved up to $302.50.
أغلقت الصفقة: تم الوصول لوقف الخسارة
Stopped out 10 minutes before the close.
0.10% loss.
Tomorrow is another day.
ملاحظة
Back on the radar.
$306.76 gets my attention to evaluate.
ملاحظة
Gapping on earnings above the breakout entry of $310.91 into new all-time highs.
Full time frame continuity to the upside.
60 min entries into blue sky tomorrow.
تم فتح الصفقة
ملاحظة
Slap the ask on the 240min at $321.73.
Stop at $319.40; target 333.xx with plus breakout potential.
Risk of 0.72%.
R:R 4.88.
ملاحظة
Pressing the gas above every new 60min upside break.
Scale out with a 60 min break to the downside.
Definitive stop loss @ 3day lows, currently $327.26. Move up with new 3days.
ملاحظة
Trimming on 60min downside breaks. Next: $330.18.

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