CRM Short? Risky $150 Strike Put Option?
Updated
So, 
CRM traded After Hours yesterday around the low 148s after earnings until all the Analysts upgraded their price targets this morning.
That said, the stock opened at $153~ish. Well I think the first A wave down is still on going and we will be heading to the C wave of the first ABC (A), i'm thinking its going to be a 3-3-5.
That said, Friday, I am looking for a price target of under $150 in the morning.
Maybe this is crazy but it is what I see.
Bear Flag just broken at end of day? (ABC)
CRM traded After Hours yesterday around the low 148s after earnings until all the Analysts upgraded their price targets this morning.That said, the stock opened at $153~ish. Well I think the first A wave down is still on going and we will be heading to the C wave of the first ABC (A), i'm thinking its going to be a 3-3-5.
That said, Friday, I am looking for a price target of under $150 in the morning.
Maybe this is crazy but it is what I see.
Bear Flag just broken at end of day? (ABC)
Order cancelled
Nope. Did not dip in the morning. Not coming down soon.
Disclaimer
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.