Is Adobe the Next Multi-Bagger?Adobe Inc.BATS:ADBERameeezMarket Overview Adobe (ADBE) has undergone a brutal macro markdown phase, shedding a significant portion of its valuation. However, by zooming out to the Monthly and Weekly timeframes, we can see that the algorithm is now delivering price into a highly confluent macro discount zone. With major sell-side liquidity purged and bullish divergence forming, we are closely monitoring the charts for a confirmed institutional reversal. Technical Analysis Breakdown: Top-Down Alignment 1. The Monthly Perspective: Macro Liquidity Purge The Sweep: Looking at the Monthly timeframe (left chart), the aggressive sell-off has officially reached its primary objective. Price has swept the Major sell side liquidity resting below the old multi-year lows. The Mitigation: More importantly, this liquidity run drove price directly into a deep Yearly FVG (Fair Value Gap). This is an extreme discount array where smart money historically accumulates heavy long positions. Historical RSI Extreme: Supporting the thesis of exhaustion, the Monthly RSI has hit 29, marking the lowest RSI level seen on the monthly chart in years. 2. The Weekly Perspective: Accumulation & Divergence Bullish Divergence: Dropping down to the Weekly timeframe (right chart), the momentum shift is becoming apparent. While price has pushed to new structural lows to complete the monthly sweep, the RSI is printing higher lows, creating a clear bullish divergence. The sell-side algorithm is losing steam. Institutional Footprints: We are currently observing a potential order block in making within the pink zone. If price respects this area and rejects higher, it solidifies the accumulation phase. 3. The Setup: Reversal Confirmation & Targets We do not catch falling knives without structural confirmation. The Trigger: To validate the macro reversal and confirm that the monthly Yearly FVG is holding, we need to see the Weekly candle displace upward and break market structure. The critical level to watch is the Reversal point at 271.37. A weekly close above this level confirms the shift in order flow from bearish to bullish. The Draw on Liquidity (Targets): Once the reversal is confirmed, the buy-side curve will target the old highs and inefficiencies left behind during the markdown: * Target 1: 422.25 * Target 2: 583.17 * Target 3: 635.23 * Ultimate Target: 701.49 Trade Plan & Outlook Macro Bias: Shifting from Bearish to Bullish (pending confirmation). Action Plan: Exercise patience. The macro discount zone is reached, but execution requires confirmation. Wait for a Weekly Market Structure Shift (MSS) above 271.37 to signal that smart money has taken control of the tape. Once confirmed, look for lower timeframe discount entries targeting the macro buy-side liquidity pools.