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Long ADBE At $34.40

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April 11, 2011 – Comments (0) | RELATED TICKERS: ADBE

I've Made one new trade so far today, not including my stop-out in Ford (F) at $15.14. I went long Adobe (ADBE) at $34.40. So far so good, if the market can keep from dropping lower today, the stock should continue to progress nicely, particularly if the volume levels we are seeing so far today can keep improving. I expect to hold this stock 1-2 days max. I've placed my stop loss at $33.93. Let's get after it!

Here's my chart analysis on ADBE.

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