The wave analysis on
ADBE
(based on timing, swing trading, volumes, Gann and Elliott and much more) suggests that price will keep raising at least till January, at most till May/June 2024.
This type of analysis shows great advantages over technical analysis: when a swing of a wave is broken to the upside or downside before reaching its shorter duration, we can know in advance how long we can keep short or long positions opened.
Each day we can calculate statistically what is the probability that price goes up or down, to help traders manage the risk.
Stay tuned for further analysis on US stocks to discover more.
This type of analysis shows great advantages over technical analysis: when a swing of a wave is broken to the upside or downside before reaching its shorter duration, we can know in advance how long we can keep short or long positions opened.
Each day we can calculate statistically what is the probability that price goes up or down, to help traders manage the risk.
Stay tuned for further analysis on US stocks to discover more.