Watch These Adobe Price Levels as Stock Slides After Disappointing Revenue Outlook

Key TakeawaysAdobe shares fell sharply in premarket trading on Thursday after the multimedia software provider issued a weaker-than-expected revenue outlook.The stock has traded higher within a rising wedge, mimicking a similar pattern that formed on the chart between July and September.Investors should watch crucial support levels on Adobe's chart around $500, $475, and $440, while also monitoring important overhead areas near $565 and $635. Adobe (ADBE) shares fell sharply in premarket trading on Thursday ...