SamSuka
The Long Investor
The Long Investor

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$ADBE

Reported earnings AH yesterday and although they beat, they gave a disappointing Q1 revenue guidance and the price is down -10% now in the PM

That being said, there are no changes to our chart, as we already had this in an ABC correction

Price is now testing the bottom of the triangle trend line at $487 now

Failure to hold this level by the bulls and the lower fibs are in play

The 0.5 Fib at $455 and the 0.618 fib at $412

Not a buy right now until support is found. 

$ADBE

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