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 miss or remotely hint at weaker guidance going forward this heads towards the 180 range. Major services company, hence their earnings will be a key to cloud SaaS service companies for 2024.
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 miss or remotely hint at weaker guidance going forward this heads towards the 180 range. Major services company, hence their earnings will be a key to cloud SaaS service companies for 2024.