Salesforce: Correction Complete!Our primary view is that the Salesforce stock is in a higher-degree bullish trend, with the current upward impulse expected to unfold in stages above the resistance at $267.83. After the next top, we anticipate a pullback, although the price should remain above the support at $147.59. Under our short-term alternative scenario, more pronounced selling pressure could emerge once again, resulting in a new corrective low between the two support levels at $147.59 and $126.34. We assign this scenario
Crmanalysis
CRM - Long-Term Bullish Structure at Key Support!CRM (Salesforce, Inc.) is one of the world's leading cloud-based software companies, providing customer relationship management (CRM) solutions that help businesses manage sales, marketing, customer service, and business operations.
From a long-term perspective, the stock remains overall bullish, continuing to respect the red ascending broadening wedge that has guided price action since 2018.
The current decline appears to be a corrective phase, with price moving inside the blue descending ch
Salesforce: Trading SidewaysSalesforce has struggled to gain clear momentum in either direction over the past two weeks, which has resulted in mostly sideways trading. Looking ahead, we continue to anticipate renewed downward pressure in the near term, which could push the stock into our blue Target Zone between $187.75 and $150.42, thereby completing the broader correction of blue wave (II). After this move, we expect a new upward trend to emerge, which makes the blue zone an attractive entry point for long positions. For
CRM - Salesforce - Earnings Beat, Shares Down? $286 Retest?We're currently watching the last stages down into this Ascending Wedge as we approach a very key and important load-up zone at the $227s. Looking for consolidation, bounce out wedge back north to retest those $287s.
CRM reported an earnings beat, guidance lower for Q3 than Street expects, but ultimately has been beatened down by the Rise of AI and it's incrouchment on Software Business Models with the Likes of a Customizable CRM. Their challenge will be continuing to leverage their Einstein




