SALESFORCE.COM INC

NYSE

CRM

Follow up on the previous idea.

CRM 100D MA

Triple top? Held the 100 day but stopped right below the 20/50 day EMA. I'd be cautious long term but will probably have another attempt albeit probably short lived. CRM

Looking for long break out of the wedge after cup formation. Looking for break out of possibly bounce off support line with tight stop.

164 vs 161

Long idea - With short holding timeframe in mind -Stop below 50ema~(1.2% away) -Potential reward top of wedge~(2.8% away) Take it level by level to determine if taking profits at the target or if this should become a trade2Hold

Nice triangle pattern...

CRM Bull

Setting up, break of 20day gets it going

I'll take through 161 for fun son (could straddle but the premiums are higher than I'd like)

The cloud kings have lost their Mojo, investors are starting to look to secure investments, high dividends, utilities,communications and REITs. The smart money is coming to terms with the massive run some of these cloud kings have had and their P/E ratios. Even the chip stocks and semi's offer a much better P/E ratio and provide the actual infrastructure for the...

Breakout should occur soon

Keep Shorting we should be able to cash out on this soon.

BEAR CASE: * Weekly bearish divergence Bull CASE: *China **** I think we break way lower... Let's talk about i!

CRM is retesting the 161.20 resistance level for the third time. The short time volatility indicates that it's poised to make an upward stride.

CRM Support and Resistance

Perfect bull flag. Target #1 - $172 Target #2 - $183. However, I'll exit regardless prior to earnings or if there is a reason to sell such as a breakdown. I am long. While I believe this is a great entry point, if not already long, I urge you to do your own research, I do not give investment advise.

Just an update. With NQ getting weaker and weaker, I think this is a perfect time to enter CRM :) Also Getting Some 160 Put 22 Feb later today :)