Adobe (ADBE) Stock Has Been Beaten Up But the Smart Money Remains Resilient

Adobe (ADBE) hasn’t exactly impressed investors with its performance in the new year, with ADBE stock dubiously earning the label of 100% Strong Sell by the Barchart Technical Opinion indicator. Such ignominy isn’t terribly surprising, with the security losing over 26% of value on a year-to-date basis. Over the past 52 weeks, it’s down nearly 42%. Adding to the pressure, a recent read from the options flow screener will likely not soothe frayed nerves. A representation focused purely on big block transac ...