How Verified Investing’s view on $ADBE changed

2026-09-11

“S&P At Record Highs While Semis Sit 15% Below — The Decoupling”

ADBE chart favors lower moves but showed resilience post-earnings with a bounce; a drop to $225 triggers a potential long entry for a longer-term hold.

Now, the next one I want to talk about is Adobe. Very interesting chart, right? Taking a look purely at the chart, you could say, well, Lton, this definitely favored a move lower on Adobe Brook.

This beautiful ups sloping trend line continued to fall.

Where would support be? Well, the stock initially opened down off of earnings, right? We can see that what happened. Well, they double beat they beat earnings and beat revenue expectations.

But one thing that they unfortunately didn't do was raise guidance and and as a result of uh poor guidance or lowered guidance rather the stock kind of fell into the open right but you can see that investors weren't as worried and the stock has fully recovered.

Watch the source05:31

2026-09-11Bullish

“CPI Inflation Data Inks Fed Rate Hike, Oil Drops, Yields Stall, Markets Bounce. Here's The Top Trade”

ADBE is a buy if it retraces to the ~$220 trend line support within the next 1-2 weeks.

Adobe reported earnings here. Check this out. The stock is down, although catching a little bit of a bid pre-market, but again, here you have a stock that fell into earnings. It's down more.

Check out this trend line. Major trend line. Price broke out. So, what do we know about trend lines that break out? What does price generally like to do? It likes to go back to the scene of the crime.

The scene of the crime means a retrace to that level which had acted as major resistance but now will act as support. And so again, even as a swing trade, I'm not even looking at this as a day trade.

I'm looking at this as a swing trade. If it pulls back to that trend line, I will be a buyer on a swing trade basis.

Watch the source10:09