$Adobe(ADBE)$it hits a good support today. Likely to dip slightly below like 470-460 to flush out stop losses. After that is should rebound. If not, next stop is $420
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Comments
Adobe went below the support. Next few dayswill be crucial. If it could move above 469 support again, we could see a rebound. Remember MM will flush out all stop losses up to 460 or so.
But if it goes further down, then 420 will be next support.