Börse Express – Adobe falls on trend line

The Adobe share has gone very well in the past few weeks and has also been significantly overbought. So she deserves a bigger break. Should it now establish itself below the inner trend line at currently $ 428.23, a downward movement towards the old all-time high at $ 386.74 would certainly be possible. However, should the value break out steadily above USD 446.15, there would be the possibility of a direct rally continuation towards USD 486.10 and later even USD 640.

BNP Paribas

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