Adobe stock is being hammered today thanks to its poor forward guidance. This is the same case as we saw earlier with Oracle Stock (ORCL). I think today is an opportunity for some trades but I could be early and perhaps there is more downside still left for the stock. Despite this I placed the following two trades.
The trade alert provides the details of both trades, along with further comments..
The rest of this trade alert and ideas article is for FullyInformed Members.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
