Salesforce has twice before made strong 100% moves, after breaking of 2+ years of sideways range consolidations. These moves coincided with the
SPX breaking out higher in 2012 and late 2016.
Watching for a CRM monthly close above $165.35 and hold above that level for possible start of third run up. Another equal 100% move target would be just above $330.
Watching for a CRM monthly close above $165.35 and hold above that level for possible start of third run up. Another equal 100% move target would be just above $330.
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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.