Hi Traders!
Let's look at CRM stock on the daily timeframe. As you can see, the price has been creating lower highs and lower lows. The price has been in a bearish trend and created the falling wedge pattern.
We expect the price to break the downsloping resistance line upwards. When this happens we would take a long position. Wait until the breakout happens.
What do you think? Let us know!
Let's look at CRM stock on the daily timeframe. As you can see, the price has been creating lower highs and lower lows. The price has been in a bearish trend and created the falling wedge pattern.
We expect the price to break the downsloping resistance line upwards. When this happens we would take a long position. Wait until the breakout happens.
What do you think? Let us know!
Trade active:
broke out
Comment:
Target 1 reached
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