ADBE INSIDE DAY/PULLBACK TO 20DADBE ORDERLY PULLBACK ON DECREASING VOLUME TO 20D MA.
EYEING LONG ON STRENGTH
ADB trade ideas
ADBE to Release Earnings on September 13Adobe Systems Incorporated (ADBE) is scheduled to release earnings on September 13, 2018, after the market closes, and will hold a conference call at 5:00 PM ET on the same day. The stock currently trades at 265.37, which is 5.4% higher than the close following its last reported earnings, trading with a range of 235.87 to 269.96 since that time.
Expected Price Volatility
Currently, option traders are expecting a ± 4.5% move for this earnings, and during the previous earnings release, the stock experienced a -2.4% move. Over the last 12 quarters, the absolute average move has been ± 3.3%, with a minimum move of 1.2% and a maximum move of 7.1%. ADBE has only experienced 3 larger-than-expected earnings moves in the last 12 quarters.
Earnings Price Pattern
The MarketChameleon earnings price pattern has detected two notable historical trends.
1 Week Before Earnings:For 11 of the last 12 quarters (92%), ADBE stock price has gone up in the week before earnings. It has had an average gain of +1.9% during that span.
2 Weeks After Earnings:For each of the last 5 quarters, the stock price has gone down in the 2 weeks following earnings. Over that period, it has an average loss of -2.4%.
Earnings Option Strategies
MarketChameleon's option strategy analysis shows that selling out-of-the-money puts the day before earnings had 83% winning occurrences, for an average gain of +67.7%. Additionally, selling at-the-money straddles resulted in 75% winning occurrences, for an average return of +24.8%.
EPS Estimate
Analysts are currently expecting ADBE to report an earnings of $1.69 per share, compared to $1.10 for the same quarter last year. Revenue is expected to come in at $2.2 billion versus $1.8 billion for the previous year.
$ADBE Head Shoulder pattern RSI under 50$ADBE Head Shoulder pattern RSI under 50. Small support near 100ma
Selling Adobe sharesAt the hourly chart of ADBE, the price is in a corrective wave after a bearish impulse, as it had recently rebounded from the 61.8 Fibo level. Also, a sell signal was formed in a form of the latest fractal. Breakdown of its level would be an optimal level to open short with SL at the peaks of the correction.
$ADBE Back at Buy Point$ADBE Adobe back at what looks to be a low risk/high reward buy point holding the long term bullish channel yesterday. Looking for a near term bounce, targeting $260-$265 range by mid-Sept.
Note: Informational analysis, not investment advice.
ADBE - Watching for EntryThis is a strong stock that continues to beat estimates. Looking for entry for earnings run-up.
ADBE - Small bounce from here then back to support around 233ADBE - Small bounce back to the uppder 250's then back to significant support around around 233
$ADBE Adobe Bullish C&H$ADBE forming a cup & handle pattern on the hourly chart. Monitor for a strong break through previous high of $259.50 in the coming days.
Targeting mid-$270s in the near term.
Note: Observation/opinion, not investment advice.
stocksofadobethe adobe prices might go up as its releasing photoshop for ipad. although the shipment is about 31.7 mil , which is approx 29 percent of the worldwide use. it makes a huge difference and the prices might go up . the RSI and UO shows they r over bought , as it might come down few cents before climbing up.
ADBE channel brokenNext support or good buy at 100EMA?? or it will bounce back into channel.
long term ppl shouldnt worry about this.
$ADBE Adobe Continued Ascension$ADBE Adobe looking like a solid buy after tagging the lower trend line yesterday (while holding the 50d ema) of a tight bullish channel it's been riding since late 2017. RSI has not dropped below 40 this year and reversed off that level today. Adobe is a solid company with a great track record of earnings beats. Two possible trade targets below.
Short term target - $258.90 (previous ATH)
Medium term target - $270.00 (upper channel limit)
Note: Observation/opinion, not investment advice.
ADODE bounce off the 50-dayADODE still bullish here, the 50-day is acting as support. It will trade lower towards 240 before heading back up to 259. #buythedip
ADBE - 262 Target before we consolidate for a whileADBE - 262 Target in the next few days before we consolidate and correct for a while. If we blow past 262, then 280 is the target.
ADBE rising wedge bear breakThe ADBE rising wedge I have been tracking broke bear yesterday... with bounces along the way I am looking at 230 range for potential targets in the coming weeks/months. I will be looking for a weekly higher low to form compared to 213.25
Short ADBE for an ending diagonal breakThis 30m chart of ADBE shows a nice 5 wave impulse higher with alternation between the corrective waves. It's possible that we're now seeing an ending diagonal in wave 5. Initiating a short position at 239 with an immediate profit target of 229, and an extension even lower. A move above the most recent high invalidates the setup. Trying to pick the top, so this is just a quick 2:1 reward to risk trade on a small position size.
Adobe Systems Inc SHORTShort from $245.09
Market Cap - $120.73B
Beta - 0.76
Forward P/E - 33.49
Trailing P/E - 65.39
P/B - 13.99
- Adobe have recently changed their dynamics of business to a subscription model. Meaning that ADBE will receive lower upfront fees. Alongside this transition, the switching costs have decreased which makes it easier for the clients to switch to competitors.
- The unlimited license Adobe sells (Creative Suite) is 2x the cost of a yearly cloud based license.
- With the new product, they need to keep subscribers for two years minimum to become more profitable than the original product.
- A large chunk of Adobe's business exposure is in Europe - creating large currency headwinds for the company.
- Despite recent earnings and revenues being solid in March, Adobe remains highly dependent on two products which provide over 50% of the revenue (Creative Cloud & Acrobat).
NeroTree Capital rates Adobe Systems Inc as a SELL with a price target of $195.
ADBE Detected possible stock repurchase!!!ADBE: adobe systems inc
2018-05-21 16:05:01
Detected possible stock repurchase
