Tandes88

CRM Salesforce - Time for a Pullback

Short
NYSE:CRM   Salesforce
Spinning Top candlestick forming on the weekly. xSilas' Godmode and Stoch RSI both throwing up cautionary signs on almost every timeframe. Hanging out at the top of the Bollinger Bands and looking for a reversion.

Entry at $125. Stop set at $132 in case this thing defies all. Take profit at $109-$110, but may very well just hit Bollinger's mean and keep climbing up. Short in the short run, Long other wise. Good upcoming opportunity to "buy the dip", as they say.

Squiggly lines for fun.

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