Could Adobe (ADBE Stock) fall towards the 368 level?

Could Adobe (ADBE Stock) fall towards the 368 level?


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Today’s instrument is Adobe Inc.‘s stock traded on the Nasdaq exchange under the ticker ADBE.

Looking at ADBE ‘s chart, it last traded at around $371.50.

Today Adobe is announcing its quarterly earnings and if the market’s expectations are positive, then today we could see it rising towards its resistance level at around $385 otherwise it should test its support level at about $368.

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