Adobe Inc

ADBE remains in a Stage 2 advance with higher highs and higher lows supported by rising short-term EMAs. Although the medium-term bias is bullish, price is extended into resistance at the 200-day SMA alongside a bearish Double Top—the optimal engagement is deferred until pullbacks into the rising 9/20 EMA zone around 268–270, engaging via pullback interaction rather than chasing current levels.

• ↑Q2 revenue was $6.62B (+11% YoY), driven by subscriptions.
• ↑AI-first products ARR quadrupled to over $500M, boosting engagement.
• ↓Intense competition from Google, Microsoft, and AI startups risks share.