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

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