Adobe Systems finding golden ratio resistance - technical chart updated on 11th May 2015, Monday.
ADOBE SYSTEMS
Stock moving up from strong trend line support zone in above technical graph, this will favor bulls. But on upper side Adobe is finding strong golden ratio resistance as long as holds below trend will be mix with no clear direction.
If Adobe Systems closes and holds above its golden ratio resistance then further price rise can be see and stock can test its previous top. Close Watch.
Nasdaq Composite Update - 17- 03 -16
Market Close Report: NASDAQ Composite index closes at 4,774.99 up 11.02 points.
Thursday's session closes with the NASDAQ Composite Index at 4,774.99. The total shares traded for the NASDAQ was over 1.85 billion.
Advancers stocks led declining by 2.17 to 1 ratio. There were 1954 advancers and 901 decliners for the day. On the NASDAQ Stock Exchange 42 stocks reached a 52 week high and 30 reaching lows.
The NASDAQ 100 index closed down -.09% for the day; a total of -3.94 points. The current value is 4,400.26.
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