Potential Short Sell: CRM - Salesforce.com

79 1 1
A strong resistance line at RSI 38 in the daily chart . Price break away from priceline indicate a strong bullish momentum.
A potential chance to sell short will be when the RSI re-bounce away from the 38. Since the price already break away from priceline, a new priceline and RSI resistance might be created in the next few weeks (which means RSI 38 will no longer be the RSI resistance) and short sellers have to determine a new resistance for entry. From then on, price will decelerate at a rapid speed and a trailing stop-loss (around 10%) will be a good strategy to maximize profit target.

*Above mentioned is only my own opinion. Please bid at your own risk should you take in my idea. Thank you and have a nice week! =)
Sorry. Typo: i mean a bearish momentum.. Long term chart is also showing a break below RSI 50. Complement trade signal with NYSE general market chart will be a good confirmation.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out