#ADBE
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages directed upwards. Stochastic Oscillator signals oversold conditions. Breaking through the price pivot zone of 477.54 will result in the formation of an ascending wave pattern within the overall uptrend.
Trading idea:
Buy at breakout 477.54.
Stop Loss: 452.33.
Target levels: 502.46; 533.23.