$ADBE showing support on the 0.78 Fib at $351 and already at $377 now, with the 50 and 200 WMA at $475 right now.
Fundamentals are still very strong here, with a PE of 16 and Net Margin of +30% and looking at confirming Wave C is complete here.
In terms of Risk v Reward, $ADBE looks very good here and it is a Top 10 stock for 2025 for a reason.
We will be looking for a new impulse starting here and believe the price can return to the top blue line at $700 over the next 12 -18 months.
Powellio
2025-05-01 16:08:36 +0000 UTCGareth Neary
2025-05-01 12:59:53 +0000 UTCMichael Lucas
2025-05-01 12:21:43 +0000 UTCPhillipC
2025-05-01 12:05:16 +0000 UTC