Adobe
Bearish Closed

A Price Action Rising Wedge pattern formation on the 1 Day time frame chart supports Adobe Bearish bias. A break of 521.71 will support the fall towards the target of 497.62 the break of 497.62 would push the price to 481.56.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 496.33
  • Support S1: 495.33, S2: 494.55 , S3: 493.55
  • Resistance R1: 497.11 , R2: 498.11 , R3: 498.89