New daily demand level on Adobe US Stock to go long. Bigger picture uptrend with supply levels being eliminated and demand levels being created and respected. Demand is holding in an uptrend, long bias at new daily demand zone around 104.30. Still holding long from lower, there were some daily demand zones that held really well, first one at 99.79, second one at 101.95
See previous analysis for Adobe stock so you can see how the trades were planned way before they actually happened.
Adobe supply and demand technical analysis for 26th September 2016.
Adobe supply and demand imbalances analysis for 24th October 2016.
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