Adobe Systems (ADBE) is trying to move higher out of multi-year consolidation.
GAP REVIEW
On December 14, 2012, ADBE gapped up on fourth quarter results pushing itself back up into weekly highs of $38.00.
KEY LEVEL
If ADBE can push over the previous weekly high of $38.25, it should attract more buyers.
THE TRADE
Look to buy any strength over $38.25, stop under $36.70 and price target into $45.00.
