The Long Investor

$ADBE TOP 10 LIST FOR 2025

Added 2025-01-01 17:22:53 +0000 UTC

Number 9.

$ADBE makes the list for a number of reasons but I particularly like how flawless the chart has been.

Those who have been around long enough will have monitored me sharing this for the last 2 years and it has continued to follow my projections, in spite of the Tech sector running to ATH's in 2 years, I maintained that this was in an ABC correction and it is almost complete.

Final test and hold on the 0.618 Fib as standard at $412 and it could be complete but if this can go to the 0.78 Fib at $351, then we take full advantage of this opportunity

Again, this is the weekly chart:

Below the 200 WMA by -10%
Wave 5 completed at the 2.618 Fib (standard) and pulled back in 3 waves
Still under the 0.5 Fib so I would expect a test of the 0.618 Fib at the very least at $412 for support.
RSI is at 32 on weekly chart, so this is oversold
Substantially undervalued compared to its peers in the tech sector
Has not been in Wave 5 this year and has not made an ATH since 2021
Has a Moat, continues to expand.
No dividend payment but it is possible they may start paying one soon to attract new buyers.
1.618 Fib is at $1004 for Wave 3
Fair Value is at $760
Risk V Reward favours the Reward side for 2025
Profit Margin is +25%
+15% Growth per year for the next 5 years.

The list of strong and healthy Technicals and Fundamentals continue to go on

For me, as long as $ADBE continues to move as we have expected for the last 2 years, then I suspect this will continue for the next year, even a move up to the blue line at $700 in 2025 would reap impressive returns.

For now, I will wait for a test at $412 level before starting a position but those who want to start DCA'ing into a position now makes a lot of sense.