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9 lut 2021 12:21

$ADBE 5 Months Symmetrical Triangle Long

Adobe Inc.NASDAQ

Opis

Adobe has been moving sideways in the last 5+ months forming a symmetrical triangle pattern . The stock has been in hibernation similar to NVDA but that was not the case from 2011 to 2020 when the stock had a 2230+% run! A breakout from the 5 months symmetrical triangle to the upside could signal the end of this consolidation phase and the start of yet another leg higher.
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