CRM has been in a strong and healthy uptrend since April, gapped up in August and hit all time high $284.5. The stock pulled back and filled the gap down and is currently at support level and had formed a pin bar on that level with decent volume. Currently looking out for a possible bounce at this support level and then open position for a nice swing play with $233 as profit target (next resistance level before the big move). PS: NOT A FINANCIAL ADVISOR, MAKE SURE YOU MAKE YOUR OWN RESEARCH BEFORE TAKING ANY FINANCIAL INVESTMENT DECISIONS. THIS IS MY OWN IDEA AND PERSONAL ANALYSIS.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.