CRM Salesforce is gone. Even though it is trying to buy Twitter but don't think it will be successful as Goggle and other hungry birds are out there. Even if CRM buys twitter still there stock are sale because it's a falling knife. And if there is a bounce that means more to upload with short side. There are 2 green support lines from 2009. One has around $60 as a...
CRM is currently leveling out around the $73 mark. The past pull back was only to $73. This is a key level of support for the stock. Also, the MACD is curling and could break through. Either way this is a key level. Bounce = Buying opportunity, Drop = wait/selling opportunity
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CRM announces earnings tomorrow after market close, so look to put on a play in the waning hours and minutes of the NY session to take advantage of any volatility crush that occurs post earnings announcement.
Here's the setup, which naturally might have to be tweaked depending on how much CRM moves tomorrow intraday:
March 4th 54/72 Short Strangle
Probability of...
Here's are next weeks earnings plays that I'm thinking of playing via options, assuming the implied volatility rank "stars" line up correctly ... :
HD: announces on Tues 2/23 before market open.The rank is 55, the implied 32, neither of which is that great. If IV doesn't pop, I'll pass.
FSLR: announces on Tues 2/23 after market close. With a rank of 72 and an...
If INTC (Intel) wants better intel, they need to buy CRM (Salesforce). Who can call the CEO's, send me a few shares for the idea, and make this deal happen?
Who would you rather build the future, humans or artificial intelligence?
3-6 Know what I like about issues that gap up on earnings?
More often than not once the dust settles they tend to build
a pullback pattern offering a lower risk entry vs chasing the
gap. A lot of times they'll pullback to a support zone. As
you can see that is what's happening with this issue.
The blue lines are support zones for stop loss and risk
management...
This cloud company was in descending channel in the first half of the year and erased most part of gains from 2013 but then regrouped and regained all key moving averages. With big, ignited, green candle it borke this short period of indecision and have built nice upper level base. Break above $58.63 could trigger an entry with stop below support of consolidation...
