Adobe stock price forecast: red alert as death cross nears

Adobe (NASDAQ: ADBE) stock price is in a freefall, and the worst may be yet to come. It has crashed to a low of $487, its lowest level since July 2023. Worse, the stock has crashed by over 23% from its highest point this year, meaning that it has entered a deep bear market.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Death cross pattern is nearing Copy link to section Adobe’s share price is nearing one of the most dreaded patterns in the financial ...