Friends,
We are hoping the morning star signal will give the propulsion necessary to bring this stock above the channel resistance
I am showing both the daily and weekly chart of Adobe, both, even in sync are incredibly bullish. I really like this trade.
This has technically broke out already, but it's still a nice time to buy on a pullback on a lower time frame. Even if the price stalls at the channel top, you make profit. If it goes for next target you make bigger profit.
Using my risk techniques, i managed to get a 6 to 1 reward ratio on breakout target whilst being complacent with the stop loss. So this trade is definitely worth a go.
Thanks,
Tom
We are hoping the morning star signal will give the propulsion necessary to bring this stock above the channel resistance
I am showing both the daily and weekly chart of Adobe, both, even in sync are incredibly bullish. I really like this trade.
This has technically broke out already, but it's still a nice time to buy on a pullback on a lower time frame. Even if the price stalls at the channel top, you make profit. If it goes for next target you make bigger profit.
Using my risk techniques, i managed to get a 6 to 1 reward ratio on breakout target whilst being complacent with the stop loss. So this trade is definitely worth a go.
Thanks,
Tom
