ADBE: Massive Double-Top-Formation Confirms Target Zone!Adobe Inc.BATS:ADBEVincePrinceHello There, welcome to my new analysis about ADBE on the monthly timeframe perspective. In recent times I have detected stocks that make perfect short candidates in a very volatile market. There are a lot of different stocks in the current market right now. I have detected both long and short candidates in a total return approach. ADBE is one stock that is forming a pivotal bearish formation and activation of a trade setup on the short side. As when looking at my chart, we can watch there how ADBE several times rejected bearishly from the upper resistances, increasing bearish pressure and forming two major tops. Recently ADBE already dropped below the 200-EMA marked in red. This has already been the double top confirmation breakout setup. The increased bearish momentum additionally confirms the breakout and pattern that is forming here. This whole formation has now activated the lower double top target zones as marked in my chart. When the current volume, momentum, and volatility hold, the targets will be reached sooner rather than later. If the bearish momentum holds, lower levels are also likely. Remember that not every stock in the current market offers such perfect short setups. There are also long setups. This is why I am picking both long and short stocks to have returns in both directions. In this manner, thank you for watching! What do you think about ADBE currently? Let us know in the comments! VP