I reviewed the charts and indicators of Adobe ( ADBE) on March 15 before they reported earnings, and wrote that "I have no special knowledge of what ADBE will tell shareholders and analysts this evening but the charts of ADBE look weak and are pointed lower for now. Avoid the long side of ADBE."
As it turns out, ADBE reported a top line and bottom beat and prices have rallied strongly Thursday.
Let's check the charts again.
In this updated daily bar chart of ADBE, below, I can see that prices gapped higher Thursday on the opening and have rallied to the underside of the undersides of the 50-day and 200-day moving averages. The trading volume shows improvement and the daily On-Balance-Volume (OBV) line is probably going higher today. The Moving Average Convergence Divergence (MACD) oscillator is below the zero line but could soon give us a cover shorts buy signal. 
In this weekly Japanese candlestick chart of ADBE, below, we do not (yet) have enough new information to really improve the picture from the other day.
In this daily Point and Figure chart of ADBE, below, I can see that prices have reached an upside price target in the $352 area.
In this weekly Point and Figure chart of ADBE, below, I still see a downside price target in the $240 area.
Bottom line strategy: An earnings beat and a strong upside day is a good start but I am not (yet) convinced that ADBE is out of the woods and bulls will have clear sailing ahead.
