Apple Inc. has introduced new integrations with the Salesforce Inc. tools, such as Apple Messages for Business in Service Cloud or ARKit in the Field Service mobile app. The partnership between the companies began in 2018 and continues to expand. Salesforce Inc. clients will be able to interact using Messages, and technicians will receive an ARKit-based room...
Up nearly 18% in just over a month. +70% YTD They report tonight and are probably strong today on other tech gains from last night's earnings report. $2.05 expected versus last of $1.90. No dividend. I would like to establish a short in the $232-$233 area as this sets up an Bearish Alternative Bat.(Anti Bat) RSI also getting a little up there. Momentum...
New short signal from my SSG trading system in Salesforce (CRM). This one tends to still run a bit before going into the direction of the signal, so I would be careful if you want to directly short the stock or trade it using a CFD or something like this. I will look into an options position later today and then update here again wether I am taking the trade.
Salesforce Inc. reported robust Q3 2023 results (financial year), significantly surpassing analysts' expectations: net income per share surged to $2.11, and revenue reached $8.72 billion. At the end of November, the company announced an expanded collaboration with Amazon.com Inc., which can contribute to sustained solid financial results for Salesforce in Q4 2023...
Salesforce surges on Q3 earnings beat amid 'green shoots' of cloud demand rebound. Salesforce lifted its full-year profit forecast amid what it called 'green shoots' in demand improvement from big buyers of its cloud-focused software. Salesforce (NYSE: CRM) - shares surged in early Thursday trading after it posted better-than-expected third quarter earnings, as...
I entered a trade on NYSE:CRM on Nov 29th just before the close. I was anticpating that NYSE:CRM will beat earnings and wanted to do an options earnings strategy where the risk is minimal but the return if the target price is reached is high. Based on my calculations, I figured that the stock price would likely move by about $15 up or down so I targeted the...
Hi Traders! Let's look at CRM stock on the daily timeframe. As you can see, the price has been creating lower highs and lower lows. The price has been in a bearish trend and created the falling wedge pattern. We expect the price to break the downsloping resistance line upwards. When this happens we would take a long position. Wait until the breakout happens....
Publishing Salesforce's 3 day chart, to see how the price action fares in the month leading up to their earnings reporting. CRM was going through some major changes earlier in the year. If their changes prove successful and they deliver on estimates, this likely finishes the wedge and heads towards the range high (highlighted in the upper red zone. If they...
Salesforce moved finally below (M)MA50, this is important move. Couple months it was distributing stocks after fake break above (M)MA50 and finally broke below.
It is never easy to call a short publicly in kick-ass companies like Apple, CRM etc.. In fact, it is TA suicide! Being a hero is the world's shortest-lived job. I know it, yet I chose to put my a$$ out there and risk great humiliation from astute gentlemen, ladies, trolls, and pikers. Believe me, it is far worse than losing money! Having said that, it doesn't...
Price is testing the neckline. This pattern is not valid until the neckline is broken with a downtrend. It has been broken but there is no clear downtrend. Earnings are 11-29/estimated/AMC. Short interest is low and is less than 1%. No recommendation.
Entry: with price above 238.22 Volume: with volume greater than 26M Target: 370.74 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up) Stop: Depending on your risk tolerance; Based on an entry of 238.23, 217.91 gets you 2/1 Reward to Risk Ratio. Resistance: 251 area This LONG swing trade idea is not...
Liquid stock in enterprise software setting a nice cup with handle pattern. Very look risk entry right here. Focus list for me tomorrow.
Top line slopes down and the bottom line slopes up. Green Doji noted a several weeks back at resistance. Neutral pattern until broken. Prior RSI Divergence that has most likely corrected. No recommendation
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...