dorfmanmaster

Salesforce looks strong

Long
NYSE:CRM   Salesforce.com Inc
CRM has consolidated for almost 3 weeks, after gapping down on the news it had acquired Slack (WORK).

Risk reward ratio is around 3.

A potential test of the pre-gap candle lows might be in place before attempting to reach the 50sma, and subsequently the top of the gap.

OBV line has tested and is now respecting the line that was made before the gap higher.