Hi guys, NYSE:CRM on weekly formed perfect bullish flag. Now it is on top of the channel created bearish price pattern and very nice short opportunity with target at $200. From long term perspective price range from 190 - 200 seem perfect sweet spot to long entry on this weekly bullish flag. Happy trading! If you like the idea, do not forget to support with a 👍...
Hi Folks, I'm new to charting so if there's any CMT's taking a look, please feel free to criticize. Anyways, on to the chart. I like the setup for CRM here. It appears a classic Island Reversal Pattern has completed and the prices are ready to move higher. I also like the risk reward ratio. Traders can risk down to the 50DMA with a reward potential up to the...
Watching CRM for a break on a very long falling channel. Believe we can see 270 soon. Entered a starter position today with 4/16 270/310 spread, planning on going in deeper with confirmation give it a watch. #flextradinggroup
In the vast emptiness of the universe, the Salesforce was long subject to much darkness, but it finally regained enough strength to explore new galaxies! In other words, the Salesforce stock has been within our designated target box for long enough after some months of decline. Now, it is time for the stock to leave the mark of $212.99 behind and push for a...
Bullish flag formation intact and steadily reproaching our 200 MA. Might look to make a move on this if volume starts to pickup with a breakout and re-test through our top line (Blue) is observed.
I think the title explains it well enough. Seems like reasonable support with some bullish divergence on the RSI. Happy trading!
Coming earning will show good or bad side of Slack deal.
NYSE:CRM is another vulnerable short opportunity with promising entry right now. Expensive stock with market cap above $200 bln, P/E > 100 and P/S >10, which topped exactly after being added to Dow Jones in late August and trending down since then on poor relative strength.
waiting for price to break key levels then buying dip