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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Jenna who wrote (12797)8/10/1998 12:13:00 PM
From: Jenna  Read Replies (3) of 120523
 
ADBE... the chart was abysmal until today. The trend was down and the only glimmer I saw was in the Up/Down volume patterns. Volume was very high on Friday, indicating perhaps a change of trend. Risistance is at 30 7/8 and stochastics were oversold. I still like their products although their growth doesn't look too hot going forward. For me it would be nothing more than a swing trade.
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