Price has established new all-time highs at 121.15 during premarket after an earnings call. Look out for a possible breakout continuation.
Technicals:
1. Trading 120.90 in premarket as of writing, up 4%
2. Price has gradually corrected onto its 200, 100, and 20 MA's, re-testing each point as it has consolidated into a new up-channel
3. MACD: After completing out its bull run (red arrow signifies completion point), the MACD has been in a pocket of indecision
Fundamentals:
https://finance.yahoo.com/video/salesforces-fourth-quarter-beat-cloud-114100650.html?.tsrc=rss
—
For the complete technical analysis on this swing trading set-up, including full price extensions and bullish/bearish targets, click here: compoundtrading.com/...g-periodical-contact
Technicals:
1. Trading 120.90 in premarket as of writing, up 4%
2. Price has gradually corrected onto its 200, 100, and 20 MA's, re-testing each point as it has consolidated into a new up-channel
3. MACD: After completing out its bull run (red arrow signifies completion point), the MACD has been in a pocket of indecision
Fundamentals:
https://finance.yahoo.com/video/salesforces-fourth-quarter-beat-cloud-114100650.html?.tsrc=rss
—
For the complete technical analysis on this swing trading set-up, including full price extensions and bullish/bearish targets, click here: compoundtrading.com/...g-periodical-contact
Comment:
*Previous* bull run
Compound Trading Group | Founder
New World Ecosystems of Decentralized Finance
#DeFi #MachineTrading #Crypto
New World Ecosystems of Decentralized Finance
#DeFi #MachineTrading #Crypto