SamSuka
The Long Investor
The Long Investor

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$ADBE

Reported last night and it was a double beat and the price is up 14% today.

No changes to our chart here and we were showing that Wave A would complete at the 0.5 Fib and then a bounce for Wave B, so this is perfect so far.

I will be watching for a test of the 200 Day MA at $544 next to complete Wave B.

$ADBE

Comments

Quick question. How much of a correlation does an ABC correction have with price being below the 200MA. If at all. Thanks Cap

Francisco Alanis


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