“ROBOTAXI Takeover! | NVDA META POP | AI MODELS”
ADBE faces a challenging multi-year environment as an AI application software company; recent technicals show strong rejection at a descending trendline.
However, for a lot of AI application software companies like Autodesk and Adobe, if you know my thesis, the application layer of software is going to be a challenging environment for the next couple of years.
I've already noticed that a number of software stocks, including Adobe, have reached this descending trendline and then encountered strong rejection.