06-25-2007, 10:28 PM
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Registered User
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Join Date: Sep 2005
Location: Ft. Lauderdale
Posts: 5,952
Rewards: 1,617
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I may load up on some more ADBE tomorrow
I own 5,000 shares at 42.90 and it closed today 40.34. ADBE has been dropping the last 7 trading days and it is sitting on Support right at its
SMA200, and bounced off it a little in today's trading session. This may be a good entry point for anyone looking to get in on the stock. If it totally breaks under its SMA200, then I will sell but I think right now it is completely oversold and presents a great opportunity for an entry point. Just my opinion. Check out the chart below, so you can see what I am seeing.
http://finance.yahoo.com/charts#char...urce=undefined
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2011-12 NBA: 132-99-5
2012 NBA Playoffs: 34-31-1
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