Adobe Inc (ADBE) Moves Up For the 2nd Straight Day, Crosses 50 and 100 Day Moving Averages; in a Downtrend Over Past 14 Days

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The Hourly View for ADBE Last Updated January 11, 2021, 12:56 GMT Currently, ADBE’s price is up $4.39 (0.92%) from the hour prior. The hourly chart shows that ADBE has seen 2 straight up hours. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Adobe Inc Daily Price Recap Adobe Inc came into today up 1.54% ($7.36) from the open…

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