Adobe trades up after earnings and guidance, levels to watch The shares gapped up this morning and spiked higher before settling back closer to the gap. The company reported earnings of 61 cents versus expectations of 57 cents. It cut estimates for the year and quarter, but most analyst appear pleased with the migration of customers to cloud subscription. Resistance is at the high of the session at $38.10. Support is at the low of the session at $37.
UBS to hold a conference Global Technology Conference to be held in Sausalito, California on November 18-20 with webcasted company presentations to begin on November 18 at 10:45 am; not all company presentations may be webcasted. Webcast Link