Chart Patterns & Algorithmic Trader (Jan. 28, '20) (93)
ADBE Parabolic Arc Pattern
s
Reviewed in CPAT 7/20/20
$ADBE (W) is trading in Parabolic Arc from 08/19/2011 (low: 22.67) to
08/21/2020 (high: 479.80). Parabolic Arc patterns are long-term patterns,
but most of the upside parabolic patterns return to at least 50-62% of its
prior rise in a correction mode.
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