Options Corner: ADBE "Unusually Bad Situation"
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Generative AI has been a concern among investors as a disruptor to software companies, especially ones like Adobe (ADBE). Rick Ducat points out how unfavorable the price action is by highlighting support and resistance areas to watch after the stocks near 50% decline from 52-week highs. He then offers an example options trade for Adobe. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/
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