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RE: Studying companies to invest #03 – Adobe Systems

in LeoFinance3 years ago

Sorry, can you explain better what you meant? My studies are on the financial statements released by the company and I rarely look at stock price charts. Thanks.

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ADBE has been consolidation sideways for a while. Meaning that is has not gone anywhere for a while. Usually this mean the stock is correcting through time and not price. A break below support means stay away but above and it can run to much higher prices.

Interestingly, I don't understand Technical Analysis. My goal is to be a partner in the companies in the long term and to buy small quantities little by little for Buy and Hold.

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