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ContraryTrader
Dec 1, 2021 1:23 AM

CRM post earnings Short

Salesforce, Inc.NYSE

Description

Its gapping down below supporting trendline (Yellowline) after earnings.. I think the obivious first target would be the gap close at 260 (Green line) which is high likely to happen tomorrow.

After that we may see a dead cat bounce and then a final move lower to 250 where there is as you can see heavy price action that will act as strong support. 200sma (Gold line) is also in that area too
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