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stylishtrotter

Double bottom on the daily

Long
Salesforce (NYSE:CRM)  
stylishtrotter Updated   
NYSE:CRM   Salesforce
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
A double bottom is forming on the daily timeframe with a strong support of 207/208 which has not been broken since August 2020.

With earnings coming up in 2 weeks, I expect this double bottom to bounce to the upside.
Upside levels are 219 then 231.
Comment:
A break of 207/208 area will push it to 201 which is also a very strong support.

Curious to see how this plays out
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