Adobe
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports Adobe Bearish bias. A break of 558.42 will support the fall towards the target of 508.48 the break of 508.48 would push the price to 475.19.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 486.46
  • Support S1: 485.67, S2: 485.09 , S3: 484.30
  • Resistance R1: 487.04 , R2: 487.83 , R3: 488.41