August 11, 2025

From Lows to Highs? Inside ADBE’s Make-Or-Break Moment

Adobe (ADBE) is nearing near its 52-week lows at $340, amid pressure from AI competition and negative sentiment.

Charlie Moon reveals how he would consider trading ADBE, what he believes could be the stock’s “make-or-break” moment, and he reviews a few other broader market trends.

Charlie covers:

  • ADBE’s defense of key support and potential for a $360 breakout or $320 collapse
  • His August 22 out-of-the-money strangle strategy for $360 calls/$320 puts
  • Technical resistance at $325-$326 and the risk of a LULU-like meltdown
  • AI-driven sentiment challenges from platforms like ChatGPT and Grok
  • Apple and Nvidia’s influence on market momentum, especially Nasdaq
  • Cloud sector struggles (Snowflake, Datadog) and crypto’s bullish surge

Want More From the Prosper Team?

Mike Shorr is hosting a FREE live training at 8 PM Eastern tonight to outline how his 3-step options system is designed to help traders potentially hit their profit targets in under 60 minutes.

>>>Click here to save your seat

about the author:

Prosper Trading Academy

Read Similar Articles

June 28, 2026

The Week Ahead: Darn Inflation

A renewed sell-off in technology stocks grabbed headlines this week. The Nasdaq index fell 4.5%, closing lower 5 days in a row, led by a large 5.5% decline in the so-called Magnificent 7 mega cap names. Meanwhile, the post IPO exuberance around SpaceX appears to be fading, with shares now down 25% from their peak. […]

Read Article
June 21, 2026

The Week Ahead: We Got Warshed

Equities finished the holiday-shortened week with a more complicated message than the headline indexes suggested. The Dow Jones Industrial Average pushed to new records this week, helped by industrials and financials, while the broader market wrestled with a hawkish Federal Reserve, rising 2-year yields, and an increasingly narrow technology trade. The week’s major geopolitical headline was […]

Read Article
June 14, 2026

The Week Ahead: The Letter K

Major indices changed course in a meaningful way this past week, ending in the green despite significant initial volatility. For the week, the S&P 500, Dow and Nasdaq-100 all gained just under 1%. Headline whiplash about developments in the war between the U.S. and Iran ended with hope that an agreement is in the offing. […]

Read Article

Sign Up to Receive the Latest Trading Tips and News from Prosper

Categories

Most Popular

CONNECT WITH US

Read Similar Articles

June 28, 2026

The Week Ahead: Darn Inflation

A renewed sell-off in technology stocks grabbed headlines this week. The Nasdaq index fell 4.5%, closing lower 5 days in a row, led by a large 5.5% decline in the so-called Magnificent 7 mega cap names. Meanwhile, the post IPO exuberance around SpaceX appears to be fading, with shares now down 25% from their peak. […]

Read Article
June 21, 2026

The Week Ahead: We Got Warshed

Equities finished the holiday-shortened week with a more complicated message than the headline indexes suggested. The Dow Jones Industrial Average pushed to new records this week, helped by industrials and financials, while the broader market wrestled with a hawkish Federal Reserve, rising 2-year yields, and an increasingly narrow technology trade. The week’s major geopolitical headline was […]

Read Article
June 14, 2026

The Week Ahead: The Letter K

Major indices changed course in a meaningful way this past week, ending in the green despite significant initial volatility. For the week, the S&P 500, Dow and Nasdaq-100 all gained just under 1%. Headline whiplash about developments in the war between the U.S. and Iran ended with hope that an agreement is in the offing. […]

Read Article