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✏️ Weekly Report: Volatility makes Cash the King againGENERAL COMMENTS Today, the Federal Reserve maintained its interest rates unchanged, highlighting the ongoing challenges in curbing inflation. Initially, this announcement propelled the markets upwards, but a sharp downturn occurred in the final hour, leading to a decline as the day concluded. The erratic market behavior demonstrated today makes it increasingly challenging to maintain positions in momentum stocks, and the majority of this quarter's earnings reports have been underwhelming. This situation underscores the strategy that cash remains paramount, complemented by selective, quick trading opportunities, as depicted in the following charts. I will begin tonight's chart analysis with the Nasdaq-100 (QQQ). NASDAQ:QQQ The Qs are forming a bearish formation. What is worrying is that this is below the 50D Simple Moving average. As trading is a probabilities game, we can conclude that this leads to probabilities being lower that we continue to the downside. However, the direction of the general market indexes are very well influenced by the fundmental story of the economy health. –––––––––––––––––––––––––––––––––––––––––––––––––––– NASDAQ:SMTC SMTC is up $4 from the $33 Buy Point (alerted in previous versions of this idea - go and check. Believe and Follow). This peaked yesterday with about +20% profit since the alert last week. Of course the way I manage this is never to let this to turn into a loss. My general go to tool is to take half here. –––––––––––––––––––––––––––––––––––––––––––––––––––– NASDAQ:KLAC KLAC fell back to $687 after missing earnings. This of course stopped me out - but at no loss, since I move stopped up to break-even. –––––––––––––––––––––––––––––––––––––––––––––––––––– NASDAQ:SMCI The stock missed its earnings and suffered a severe reaction of a gap down and drop -20% on the intraday. –––––––––––––––––––––––––––––––––––––––––––––––––––– NASDAQ:NVDA NVDA slashed below the 50D SMA and this stopped me out. Waiting and watching this TML during its base building period. –––––––––––––––––––––––––––––––––––––––––––––––––––– NYSE:GS Up $7 from the $419 buy point with stop raised to $416 just in case. –––––––––––––––––––––––––––––––––––––––––––––––––––– NYSE:CRM CRM is prone to go lower if the market continues falling. A break below $266.50 is great place to short. –––––––––––––––––––––––––––––––––––––––––––––––––––– NYSE:LLY Gapped up on good earnings. The next technical buy point is $801 accommodated with heavy volume. –––––––––––––––––––––––––––––––––––––––––––––––––––– NASDAQ:MRNA Earnings are due out tomorrow. If earnings are good then zooming through the $116 on good volume is a great technical buy point
NASDAQ:QQQ
by SimplerSignals
Salesforce & Informatica Unable to Agree on PriceNegotiations between Salesforce Inc. ( NYSE:CRM ) and Informatica Inc. regarding a potential acquisition have stalled due to the parties' inability to agree on a suitable price. The source, who requested to remain anonymous, disclosed that the matter is confidential. The Wall Street Journal reported on Sunday that the talks were losing steam, but representatives from both companies declined to comment on the matter. Pre-market trading on Monday saw Informatica shares plummet by up to 7.6%, from its Friday close of $35.19 in New York, which valued the firm at approximately $10.5 billion. Meanwhile, Salesforce ( NYSE:CRM ) shares rose by as much as 3.3% in early trading, having closed at $270.37 previously. Salesforce ( NYSE:CRM ), the leading AI CRM, has announced a collaboration with IHG Hotels & Resorts, one of the world's largest hotel companies with over 6,000 hotels across 19 global brands, to enhance guest loyalty through its IHG One Rewards program. The collaboration aims to achieve deeper personalization, unlock efficiencies, and inspire faster innovation. As customer expectations evolve, with 65% of consumers indicating that they will remain loyal to businesses that offer more personalized experiences, IHG is standardizing its NYSE:CRM on the Einstein 1 Platform. This platform integrates CRM, AI, data, and trust on a single, unified platform to foster customer loyalty, more personalized guest experiences, and greater efficiencies. Heather Balsley, Global Chief Commercial & Marketing Officer at IHG Hotels & Resorts, stated that "As we continue to enhance the IHG One Rewards loyalty program, one of our top priorities is ensuring our guests have a booking and stay experience that is customized to their individual travel needs." She also emphasized that the collaboration with Salesforce would enable the company "to provide personalized content and offerings that ultimately drive a deeper connection to our most valued guests." Jeff Amann, EVP & GM, Salesforce Industries, noted that "By bringing more data into Salesforce, IHG Hotels & Resorts is able to garner greater insights that will contribute to an unparalleled experience for guests and hotel owners." He added that "With the Einstein 1 Platform, IHG is delivering joy for its guests today while setting itself up to leverage new technologies like AI that help optimize guest interactions in the future." By adopting Loyalty Management and the Einstein 1 Platform, IHG is expected to attract stronger relationships with guests and increase its loyalty membership with predictive AI capabilities. The company also leverages Data Cloud and Service Cloud to quicken innovation and create more tailored customer service. IHG Hotels & Resorts will create a single source of truth for millions of customer profiles by expanding the use of Data Cloud, unifying data from multiple external systems, and creating a seamless guest experience across its 19 global hotel brands. The company is also laying the foundation to use generative AI to help guests manage their stays more effectively, with the support of Salesforce and other technology partners. Moreover, IHG Hotels & Resorts will use Marketing Cloud to effectively target customers through channels of their preference, including email, SMS, or push notifications. When a potential guest visits an IHG Hotels & Resorts booking page but does not complete a booking, a segment is created in Data Cloud and sent to Marketing Cloud for activation to encourage the member to return and complete the transaction. Finally, with Service Cloud's 360-degree view of its guests, IHG Hotels & Resorts will be able to offer more tailored customer service and provide more accurate and quicker resolutions to guest inquiries.
NYSE:CRMLong
by DEXWireNews
Salesforce Set to Acquire the Data Cloud Company InformaticaIn a bold strategic maneuver, Salesforce.com ( NYSE:CRM ) finds itself at the precipice of a transformative acquisition, with reports emerging of advanced discussions to acquire data-management software powerhouse Informatica (INFA). As the rumor mill churns and investors brace for potential ripple effects, the landscape of cloud computing and artificial intelligence stands poised for seismic shifts. The Deal in Context: The revelation of Salesforce's courtship of Informatica comes against the backdrop of a shifting paradigm in the tech industry. The convergence of data management and AI capabilities has emerged as a linchpin for enterprises seeking to harness the power of digital transformation. Salesforce's potential acquisition of Informatica represents a strategic gambit to fortify its foothold in this burgeoning landscape. Market Turbulence: News of the impending deal sent shockwaves through the stock market, with both Salesforce ( NYSE:CRM ) and Informatica witnessing a sharp decline in their share prices. Salesforce's stock ( NYSE:CRM ) plummeted 7.3% in Monday's trading session, closing at $272.90, but the stock is up 0.66% on in Tuesday's early market trading with a Relative Strength Index (RSI) of 28.92 indicating a bullish uprising. The monthly price chart indicates a hammerhead pattern further accentuating the bullish thesis, while Informatica saw a 6.5% dip, closing at $35.98. Strategic Imperatives: At the heart of Salesforce's pursuit lies a dual imperative: bolstering its data cloud capabilities and positioning itself as a formidable player in the realm of generative artificial intelligence. With activist investors breathing down its neck, Salesforce faces the delicate task of striking a balance between growth aspirations and financial prudence. Analyst Insights: Analysts dissecting the potential ramifications of the deal offer nuanced perspectives. Deutsche Bank's Brad Zelnick highlights the potential for near-term dilution to growth but anticipates accretion to operating margins, underscoring the strategic calculus at play. Arjun Bhatia of William Blair emphasizes Salesforce's strategic focus on empowering customers in deploying generative AI, positioning the acquisition as a pivotal step in this trajectory. Unlocking Synergies: The marriage of Salesforce ( NYSE:CRM ) and Informatica holds the promise of unlocking synergies that transcend mere financial gains. With Informatica's expertise in data management complementing Salesforce's existing arsenal, the combined entity could wield unparalleled prowess in bridging disparate data silos and fueling AI adoption across enterprises.
NYSE:CRMLong
by DEXWireNews
NOW is a buy after a down tech stock day LONGNOW is on 15 minute chart with a volume profile overlaid and relative volume and volatility indicators below the chart. NOW had a good earnings beat late January. It is halfway to the next earnings. I think right now software stocks are hotter than hardware/ networking stocks. NOW got dragged down by technology headwinds into its support and the fall got rejected by buyers near to the close of the regular market hours. The lower VWAP bands are confluent with the support zone and confirm deep oversold and undervalued stock price. I believe this is excellent for a long trade perhaps lasting until the run-up before earnings is 6-7 weeks through the buy of a small lot of shares or a call option expiring at the May or June monthly in the range of $750 ( OTM). This will complement existing positions in CRM CRWD and PLTR.
NYSE:NOWLong
by AwesomeAvani
CRWD VWAP bounce earnings coming LONGCRWD reports on March 4th in the meanwhile in it is shown here on a 15 minute chart with a Bollinger Band overlay. Price has trended from the upper bands down through the middle line into the lower inner and outer bands where a reversal took place at the level of the mean anchored VWAP band where the price fall was rejected with good support and wick touches on the lower time frames. I see this as a set up for a new trend up in the run to earnings. I will take a long trade of shares and call options. My easy target is the upper BB bands but expect more than that in the upcoming week.
NASDAQ:CRWDLong
by AwesomeAvani
3
SNOW - buy the disappointment discount sale LONGSNOW beat the earnings estimates by 150% and slightly exceeded revenue estimates. Price dropped in printing a bear flag in a 22% move yesterday at the close. Buying from the bottom has begun and I have the idea that I should join. My pre-earnings play was closed going into the earnings in the high liquidity that proceeds it. I got my ask price on that position. The chart shows today's buyng volume and volatility. On the slow resumption of bullish price action, I have taken a long trade from the near bottom after this morning's reversal and call options ITM for the July monthy.
NYSE:SNOWLong
by AwesomeAvani
3
Salesforce Sees Annual Revenue Below EstimatesSalesforce ( NYSE:CRM ) expanded its stock buyback program by $10 billion and announced a new dividend, but its annual revenue forecast that was below estimates pushed its shares down around 2% in after hours trading. The company's downbeat forecast signals a likely slowdown in cloud and tech spending as clients struggle with high interest rates and rising inflation, making them to keep a lid on costs. The company sees revenue between $37.7 billion to $38 billion for full-year 2025, compared with analysts' estimate of $38.62 billion. Warnings of a slow economy prompted Salesforce ( NYSE:CRM ) to cut about 700 employees, or roughly 1% of its global workforce, last month, adding to the slew of layoffs across the tech and media industry. "Salesforce is guiding for only 8-9% growth (for the full year), which moves it out of the high growth category. In order to make up for that, it is introducing a dividend, which is appropriate for the lower level of growth," said Gil Luria, analyst at D.A. Davidson. However, Salesforce ( NYSE:CRM ) beat revenue estimates for fourth-quarter revenue and profit as it benefited from higher cloud spending, joining other cloud giants like Amazon.com and Microsoft. The company reported revenue of $9.29 billion for the quarter ended Jan. 31, beating analysts' estimate of $9.22 billion. On an adjusted basis, the company earned $2.29 per share compared with estimates of $2.26 per share. In early 2023, Salesforce had become a target for activist investors to push for changes resulting in cost cuts, increased share buybacks and a dismantled mergers and acquisition committee. Salesforce ( NYSE:CRM ) expects adjusted profit between $9.68 to $9.76 per share for the full-year, compared with estimates of $9.57 per share.
NYSE:CRMLong
by DEXWireNews
Salesforce LONG Short TermShort term opportunity for a LONG. Context: Market: strong Ticket weekly: Up wave Ticket daily: Up wave Ticket 1h: uptrend, consolidation (down wave) Last day: Gap-up open, price didn't find much support from buyers and was rejected. Rejection wasn't strong enough (price didn't reach prev day low), which shows lack of strong sellers interest. Conclusion: The context is still very bullish. There is a short term LONG opporunity but only if price sets hourly higher low above 289. Depending on where it happens the profit target can be either around 293 or 295 and higher Disclaimer I don't give trading or investing advices, just sharing my thoughts
NYSE:CRMLong
by hermes_trisme
1
Amazon and Salesforce Join Forces to Supercharge Prime Momentum Amazon ( NASDAQ:AMZN ) and Salesforce ( NYSE:CRM ) have formed a strategic alliance to turbocharge the momentum of Amazon's Prime program. The integration of Amazon's "Buy with Prime" feature with Salesforce's NYSE:CRM Commerce Cloud platform promises to reshape the e-commerce landscape, offering a seamless shopping experience for Prime members while presenting an exciting growth opportunity for merchants, especially those on the Shopify platform. The Power of Prime: Amazon's Prime program has long been a key driver of the e-commerce giant's top-line growth. With customer-friendly perks such as ultrafast delivery services, a streamlined checkout experience, 24/7 live chat support, and hassle-free returns, Prime has amassed a loyal subscriber base. The recent collaboration with Salesforce aims to further enhance the Prime experience by allowing merchants on the CRM Commerce Cloud platform to integrate the "Buy with Prime" feature into their online stores. Enhancing the Merchant Experience: Salesforce merchants can now deliver the full suite of Prime benefits directly from their online storefronts. The integration preserves merchants' control over their store aesthetics, enabling customization of the placement and appearance of the "Buy with Prime" experience on product, cart, and checkout pages. Additionally, sellers can seamlessly sync day-to-day operations with Salesforce Order Management, ensuring a streamlined and efficient workflow. Advanced Features for Sellers: The upgraded "Buy with Prime" features empower sellers to activate search and filter capabilities, enabling customers to quickly locate Prime-eligible items. The introduction of a mixed cart facility allows customers to add both Prime-eligible and non-eligible items to their carts, streamlining the checkout process. This not only enhances the shopping experience for Prime members but also presents a lucrative opportunity for Shopify merchants to expand their reach to the ever-growing Prime subscriber base. Financial Implications: Amazon's subscription revenues, a key driver of the company's financial performance, are expected to receive a significant boost from the growing momentum of Prime. The success of the Prime program is reflected in Amazon's stock performance, which has surged 68.5% over the past year, outpacing industry growth. Investor Optimism and Technical Outlook: Salesforce investors have demonstrated increasing optimism, as evidenced by the rising trend channel in the medium to long term. The stock's impressive performance since breaking through resistance at $215 indicates a positive sentiment among investors. Conclusion: The collaboration between Amazon and Salesforce represents a pivotal moment in the e-commerce landscape. The integration of "Buy with Prime" not only strengthens the Prime program but also opens new avenues for merchants to capitalize on the rapidly expanding Prime subscriber base.
NYSE:CRMLong
by DEXWireNews
Salesforce (NYSE: CRM) Surges on Q3 EarningsSalesforce 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 well as a full-year profit boost, amid what it described as improving demand for its cloud-focused client software offerings. Salesforce said earnings for the three months ending in October, its fiscal third quarter rose 51% from last year to $2.11 per share, just ahead of Street forecasts of $2.06 per share, with revenues rising 11.2% to $8.72 billion, just ahead of analysts' estimates of an $8.715 billion top line. Looking into the final months of its fiscal year, Salesforce said it sees revenues in the region of $34.75 billion and $34.8 billion, an 11% improvement from last year's levels that was largely in-line with its prior forecasts. Current quarter revenues were forecast between $9.18 billion to $9.23 billion. Full-year profits, Salesforce said, will likely improve to between $8.18 and $8.19 per share, up 13 cents at the higher end of its prior forecast, with adjusted operating margins expanding to between 30% and 33%. Salesforce shares, a Dow component, were marked 9.2% higher in pre-market trading to indicate an opening bell price of $251.12, extending its year-to-date advance to just under 90%. Price Momentum CRM is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NYSE:CRMLong
by DEXWireNews
2
Salesforce Developing Head and ShouldersSalesforce 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 high volume so far, but we believe the gap that was created will be filled immediately and price action will move to the neckline (Red / Teal Solid). Relative Strength Indicator As shown, there is a clear divergence (Aqua Solid) that was extended into a trend line (Yellow Solid) which is an area to look for a break though for invalidation. RSI has moved back over the 50 level, but is currently approaching it's line of resistance. On Balance Volume Similar to the RSI, OBV has also created a divergence and is also now approaching a level of resistance (Red Solid). Breaking the level would signal an invalidation, however in conjunction with the prior stated analysis, we believe it will become a triple top. TLDR; No pittering or pattering, just get to it. I like it, thats how we operate here. A clear head and shoulders pattern is forming with divergences on the RSI and OBV. Both indicators are re-approaching a levels of resistance while price action is attempting to make a lower high from the head. We believe price action makes a turn around, fills the gap, and moves lower to test the neckline; look for heavy selling volume to confirm the break and wait for the retest. Target areas of support are shown if the head and shoulders plays out What Seems Legit? Well if you got yer gamblin' purse and got the itch, sell in September no regerts in November. "Bro you missed the hidden continuation divergence!!!", we chose not to label that because the price action stayed flat and didn't actually move higher; which is what you normally see. If you do have your gamblin' purse but your down to your last roll of quarters, wait for the neckline to snap then get your feet wet on the retest. Check us out on Twitter for quick analysis charts not posted here, memes, and news that no one covers Chart Key Yellow Solid = Trend Line Red Solid = Resistance / Support Red / Teal Solid = Neckline Aqua Solid = Divergences White Dotted = H&S Invalidation Area Green Boxes = Supports / Target Areas
NYSE:CRMShort
by Seems_Legit_Research
1
CRM Salesforce Options Ahead of EarningsIf you haven`t sold CRM here: or reentered here: Then analyzing the options chain and the chart patterns of CRM Salesforce prior to the earnings report this week, I would consider purchasing the 210usd strike price Puts with an expiration date of 2023-9-15, for a premium of approximately $8.75. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NYSE:CRMShort
by TopgOptions
3
WDAY - Rising Trend Channel [MID-TERM]🔹Rising trend channel in the medium long term. 🔹The short-term trading range has experienced a POSITIVE trend as it has broken a short-term resistance level. 🔹In case of a NEGATIVE reaction, the stock has support at approximately 207. 🔹Technically POSITIVE for the medium long term. Chart Pattern: 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️
NASDAQ:WDAYLong
by wavepoint99
INTU - Rising Trend Channel [MID-TERM]🔹Rising trend channel in the medium long term. 🔹In case of a NEGATIVE reaction, the stock has support at approximately 490. 🔹Short-term trading range has been positively signaled by breaking a resistance level. 🔹The RSI is showing a Bearish Divergence against the price, indicating a potential downward reaction. 🔹Technically positive for the medium long term. Chart Pattern: 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️
NASDAQ:INTULong
by wavepoint99
CRM Entry, Volume, Target, StopEntry: when price clears 225.00 Volume: with daily volume greater than 19.63M Target: 239 area Stop: Depending on your risk tolerance; 220.35 gets you 3/1 Risk/Reward. This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
NYSE:CRMLong
by tradepatiently
1
CRM - BULLISH RALLYSalesforce stock (CRM) has seen a surge due to a truce with activist investor Elliott Management, the introduction of new AI services, and price increases on key products. The stock gained 5% in July, outperforming the market. CEO Marc Benioff's net worth has risen by $2.5 billion. Salesforce raised prices by an average of 9%, driving positive reactions from analysts. The company's AI Cloud product and upcoming AI tools have also generated excitement. Improved expense control and expectations of higher profit margins contribute to the positive outlook, despite economic uncertainties. It is fair to say previous highs are near posibility.
NYSE:CRMLong
by legacyFXofficial
Salesforce broke free from a triangle.Salesforce - 30d expiry - We look to Buy at 216.11 (stop at 206.11) The primary trend remains bullish. Broken out of the triangle formation to the upside. Previous resistance at 216 now becomes support. We look to buy dips. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. This stock has seen good sales growth. Our profit targets will be 240.11 and 245.11 Resistance: 225.00 / 230.00 / 235.00 Support: 216.00 / 213.00 / 208.50 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
NYSE:CRMLong
by VantageMarkets
1
CRM long running Bullish channelCRM has been runnning a very long term Bullish reversal pattern If we take previous High of 306 as the base of Fib retracement then we are right at the golden fib pocket which is confirming a bullish reversal After last good earnings it made a high of 224 and then made a low of 205 . Right now its in kind of a accumulating mode where 205 is being tested multiple times. As per the trend we are at the bottom of the channel and there can be a potential breakout Entry @ 205-209 area TP1 @ 224 TP2 @237 SL @ 197
NYSE:CRMLong
by vortexTradingSolutions
CRM- Rising Trend Channel [MID TERM]🔹CRM is in a rising trend channel in the medium long term. 🔹There is no resistance in the price chart and further rise is indicated. 🔹In case of a negative reaction, the stock has support at approximately 190. 🔹CRM is assessed as technically positive for the medium long term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️
NYSE:CRMLong
by wavepoint99
CRM - Salesforce potential buy entryWhen you take a glance at the CRM chart on the Weekly time frame, you can see that the stock made it's important move above the 200SMA line, which is considered as a good bullish sign for any stock to start it's rally up. Things to consider when looking at CRM chart: 1. On Weekly time frame, price confirmed it's last known support levels sitting at $191.5 and $195 price levels. 2. If todays CPI data are good, potential buyers may enter the market and all stocks could see a potential upside buy momentum. 3. According to todays inflation news, my entry will be partial, I will not enter the full position since we have a resistance zone just above the current price level, sitting at $203.5 to $206 price range. 4. If the above mentioned resistance line gets broken, I will surely be adding to my position. 5. I will not let the price of stock move a lot, my stop loss level will be set in place at price right below the box which is the last support line. Price I am looking for potential stop loss is set to $108.5. On Weekly time frame, that is just below the 200SMA line. On Daily, it is just under 50SMA line. In my opinion, those are good levels to exit the position if the price has a significant drop. 6. Ideal Take Profit price is set to $275.5 level, which is a good resistance zone. That doesn't mean I will held or close the position, this is just my long term price goal for the stock. If market gives me a clear signal, I will either exit the position or add to it, depending on the signal given. Of course, this is not a financial advice. This is just my personal opinion. Please do your due diligence before investing. NYSE:CRM
NYSE:CRMLong
by De_Banis