Redburn downgraded Adobe (ADBE) to a sell rating a day after Figma files for an IPO. Rachel Dashiell discusses the technical patterns on ADBE's chart, looking at the software company's overall downtrend. She says shares are in a "repair" mode now, hovering near its 50-day moving average. Rachel sees upward resistance still ahead, but points to the RSI study posting higher-lows as a potential momentum catalyst for shares.