Don't Ignore This Chart!

Adobe Leaves Apple in the Dust

Apple may not support flash on its iPhone and iPad, but that does not seem to bother Adobe (ADBE) shareholders. Adobe lagged Apple throughout 2012, but may be having the last laugh as it starts to outperform. Apple is up less than 5% over the last 12 months, while Adobe is up over 22%.

Click this image for a live chart
Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
Subscribe to Don't Ignore This Chart! to be notified whenever a new post is added to this blog!
comments powered by Disqus