Really don't see how you can fade this chart rn, vastly similar to $NOW.
Earnings somehow surprised wall street with a mixed Q1. The PE of 175 is a bargain compared to competitor NOW, likely more of relief rally. Near-term overbought on couple indicators
Saleforce Short Term - We look to Buy at 168.45 (stop at 151.44) They reported earnings with forecasted earnings rising despite strong dollar headwinds. This led to a jump in premarket and could provide impetus for further rise up. There is scope for mild selling at the opening but loses should be limited. Our outlook is bullish. Dip buying offers good...
Salesforce, Inc. provides customer relationship management technology that brings companies and customers together worldwide. Its Customer 360 platform empowers its customers to work together to deliver connected experiences for their customers. The company's service offerings include Sales to store data, monitor leads and progress, forecast opportunities, gain...
I will say it again. Caution in all asset classes remains. How much risk are you taking on for how much reward you are expecting to acquire? Keep asking yourself that question. Better to be out of the market wishing you were in rather than being in the market wishing you were out. is it startinng to make sense now whey i have been saying these things for months now?
Salesforce is undoubtedly one of the leaders in the ERP industry and with growing digitalisation of economies the growth is going to continue. The question is - can the upcoming earnings report convince investors for another bull run to update the current high of £311? Fundamentally: the company is rapidly growing in revenue but the profits are not quite...
Back on Dec. 18 2021 I called a short in CRM. I appeared awkward and weird at the time when I made such a call on a high-quality stock like CRM. Jan 6 2022 I once again reiterated my short call by saying how nice it was to have a 10% gain as a cushion to continue to hold the short. Since then the price has collapsed 45% from the top. Will it break a Decade...
Looking for these to break 3bottom or 3 tops. It is sitting on a support area right now and I think there’s a lot of buyers sitting in 205-208 area. But if market is weak we will see this dump to 200 area. If market is ready for a rally once again after taking a breather, we could potentially see this break the resistance over 221 and create demand there for...
it's a bold prediction on CRM. if we continue bull run on indexes CRM bull is starting 3rd of 5th wave. I'm predicting CRM bull run will end by the beginning of 2024
📌Salesforce.com on Wednesday Federal Reserve's anticipated announcement regarding a hike to the federal funds rate is have imapct on this stock. Techncially picture strong, expecting only bullish continaution. 💡 CRM technically based idea, sideway matket in last periods, we can see price is on SUPP zone, CHANNEL pattern visible, technically indicators showing...
CRM, good company with positive cash flow growing, leader in the industry. In a daily demand zone and a retracement + an interesting moving average on monthly. Potential buy.
NYSE:CRM CRM has contacted Monthly Demand and is in line with the Monthly Demand that the S&P 500 has contacted. There are several stocks that are currently aligned with the Monthly Demand of the S&P 500 ** See my profile for more stock scenarios** CRM has the potential to rocket with institution demand coming into play. This trade has the potential to reach...
Hi all, After the correction and retracement of the last weeks, i notice a nice bottom developing where: - 200 SMA on the weekly chart tested - bottom of historically trendline - oversold conditions on indicators as DRSI - fibonacci on 0. ofcourse nobody can predict the future, but with that said, i see a potential all time high on the horizon.
Death cross officially printed last week, along with the Nasdaq. This is a SELL signal! Next stop $480. The PE has come all the way down to 491 lol. As multiples continue to compress on these high flyers this stock has a long road to go with many bounces and failed attempts to rally. Without help of the fed's perpetual 14 years of QE and artificially low...
Buy Salesforce at market (probably 190$-192$ range) than w8 some days to sell at 212$-215$
Another money losing covid era IPO with failed double top. This company reports "earnings" on March 2. The last 3 annual reports have posted larger losses than the prior year. The era of fed induced stimulus and QE with bubblelicios low interest rates is over. This stock looks to be printing a death cross in the coming days same as NOW and CRM. Look out below!!
Goodluck.