And then um Adobe. Yeah, I'm not feeling so great about Adobe lately. Um I will do an update video on Adobe. I do have some updated thoughts. I do want to talk about their latest earnings.
There's some things I want to go over with Adobe, but um I think it's okay for now. we can continue to hold it, but I want to do a little more research and I want to um do an update video on it before I make too big of a decision on how heavily we want to be buying into
So, let me show you one, because I told you at the start of the video that I'd bring you to it. Guys, Adobe is a company that I've seen fall from a high of 700 down to 200. It got interesting to me under 450. I started buying some shares.
As time went on, people were saying, "You don't get it. AI is going to destroy this company." Meanwhile, Chat GPT and Claude were both partnering with Adobe to use their AI into their systems.
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.
Uh Brett says, "Oracle and Adobe, let's see those premiums at the open." Two of the big earnings reports. Adobe gapping down. We'll see what that uh how that pretends for the rest of the day here.
The next stock on our list is going to be Adobe. The ticker is ADBE and it was down 3.07% in the pre-market despite posting better than expected third quarter fiscal 2026 results.
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.
All right, let's talk Adobe. Those shares under pressure off the back of its latest quarterly results and this keeps happening. They beat expectations and the stock sells off. Doesn't matter uh them beating or not. What's the latest here?
Second subject up here we're going to talk about Oracle and Adobe. Their earnings have come out. I want to share my opinion and perspectives on if I like those stocks, if I don't, those sorts of things.
Next up here, Adobe. Listen. Adobe's a company you can generally count on putting up solid numbers, and this is exactly what they did this quarter. B grade income statement here from Adobe.
Revenue's up 13% it's good, you know, impressive number there.
Adobe's coming up. Adobe just appointed a new CEO, by the way, about a week ago. So, the new CEO, uh the stocks fell like 2% after they picked a new CEO. It just doesn't I don't know that it really like puts confidence in the stock when they're like, "Yeah, you know, our strategy sucks so badly. We got to fire the CEO and start over."
