jaxdog

CRM Headed Higher

Long
jaxdog Updated   
NYSE:CRM   Salesforce
Perfect bull flag. Target #1 - $172 Target #2 - $183. However, I'll exit regardless prior to earnings or if there is a reason to sell such as a breakdown. I am long. While I believe this is a great entry point, if not already long, I urge you to do your own research, I do not give investment advise.
Comment:
Looks like this had a false breakout. Although, it could have been a quick profit if in and out quickly. Another trade I missed on this is the morning star short trade confirmed on Mar 4. I will be looking for a new set-up and I will re-post when I do.
Comment:
As of Mar 6 mid-day it's looking like an inside day... I may enter a trade on the long side in the next day or 2 when price clears the $160.25 area.

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