Skip to content
Country Flag US
Select Country
Country selection We will display only brokers and information that is relevant to your country.
Currently selected country
Select a different country
Language See the content translated in your language.
Save country & language and close
Home » Analysis & Forecast » Adobe Wave Analysis – 5 November 2025

Adobe Wave Analysis – 5 November 2025

Adobe: ⬆️ Buy– Adobe reversed from support area– Likely to rise to resistance level 350.00Adobe recently reversed from the support area surrounding the key support level 327.00 (which has been reversing the price from April) – strengthened by the lower daily Bollinger Band.The upward rev…

UpdatedNov 7, 2025
1 mins read

Adobe: ⬆️ Buy

– Adobe reversed from support area

– Likely to rise to resistance level 350.00

Adobe recently reversed from the support area surrounding the key support level 327.00 (which has been reversing the price from April) – strengthened by the lower daily Bollinger Band.

The upward reversal from the support area formed the daily Japanese candlesticks reversal pattern Hammer, which stopped the earlier ABC correction (ii) from the end of October.

Given the strength of the support level 327.00 the bullish divergence on the daily Stochastic indicator, Adobe can be expected to rise to the next resistance level 350.00.

Source: https://fxpro.news

Table of contents