TheMilkyWay
2022-06-17

$Adobe(ADBE)$Oh wow... I have been waiting for this price range to average down after buying too high. Never really thought it would get here but it did. The US stock market is going down furtherrrr. 

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Comments

  • kp_____
    2022-06-17
    kp_____
    Same. I've wanted to add more on my Adobe position. Now it is looking pretty attractive.
    • TheMilkyWayReplykp_____: 
      possible. Under 300, I hope not!! I dont think it’ll go that low, it’s Adobe! But what do I know, like you said, all just my humble opinion.
    • TheMilkyWayReplykp_____: 
      Yes, I agree. I think analysts are saying they expect CPI to be 9% or over for the next few months at least. [Sweats] I think the market is gonna tank more real bad so under 340 is really quite
    • kp_____ReplyTheMilkyWay: 
      and ofc these are all just my own opinions
    • kp_____ReplyTheMilkyWay: 
      also keep in mind that CPI reading has to come down at least for a few months for the market to start moving higher again
    • kp_____ReplyTheMilkyWay: 
      good insights. I'm aiming at 310-350 range, intend to hold it for at least 18 months. I hope it won't go lower than 300 tho, as I'll probably run out capital to DCA for this particular company.
  • WHJW
    2022-06-17
    WHJW
    Whats your take on this stock?
    • TheMilkyWay: 
      Good company - 1. leader in the design software sector with very strong moat, would be difficult to kick out unless it stops improving, 2. ventured into advertising & cloud (the diversification is
    • TheMilkyWay: 
      good, especially with increasing number of design softwares these days), 3. No huge debts/ cashflow issues. Maybe almost in the blue-chip category. But i dont like how the growth seems to be slowing.
  • Kim Jeong 金熔
    2022-06-17
    Kim Jeong 金熔
    sit back and relax
  • Kwlam
    2022-06-17
    Kwlam
    Good
  • Leex5
    2022-06-17
    Leex5
    ol
  • James3128
    2022-06-17
    James3128
    Good
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