Monthly chart shows price testing prior high from November 2000.
Weekly chart shws an evening star type of candle pattern. Price was unable to hold above the LIS at $40.85. Possible 5 waves up into current high at $42.75
Resistance at $42.75 high with profit-taking the last 2 weeks. There is a gap that remains unfilled below at $33.65
Saturday, December 02, 2006
ADBE Analysis 12.02.2006
Posted by TraderZ at 12/02/2006 04:12:00 PM
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