Negotiations between Salesforce Inc. ( NYSE:CRM ) and Informatica Inc. regarding a potential acquisition have stalled due to the parties' inability to agree on a suitable price. The source, who requested to remain anonymous, disclosed that the matter is confidential.
The Wall Street Journal reported on Sunday that the talks were losing steam, but representatives...
Salesforce Daily
Price Action
CRM is currently attempting a reversal from its uptrend that started back in December / January. The head and shoulders that is developing is rather obvious, however it should noted that the left shoulder had much higher volume than the head; showing lack of buyers willing to participate. The right shoulder does have rather...
Salesforce Inc (CRM) broke above its Inverse Head and Shoulders (IH&S) pattern and by early next week should form a Golden Cross on the 1D time-frame. With the MACD just forming a Bullish Cross, we have all the confirmation we need to go heavily bullish on CRM and with the Support of the 1D MA100 (green trend-line) on the long-term, target the 0.618 Fibonacci...
