ADBE at a decision point

2022-12-29 / Allison Ostrander

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ADBE is trading right at the 100 SMA on the Daily Chart and continues to hold it as resistance. In this video I walk through a few different trade ideas to consider if the underlying price continues to hold the 100 SMA as resistance as well as some potential targets both up and down in case it breaks above this level.

Divergent Bar Indicator

Allison Ostrander

Allison graduated from Stephen F. Austin State University with a Bachelor of Fine Arts degree in Theatre. Wanting to make sure she wasn’t going to be a starving artist while pursuing theatre, Allison took up trading options after seeing her father successfully do the same. What started as an experiment with a paper trading account quickly grew into a passion. She decided to pursue trading full-time while investing in personal coaching classes. As a result, Allison was so successful that she made back her investment in her first trade! After that, there was no looking back.

That's as far as you can go!