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CRM

CRM what s Next ?CRM has reached the first target relative to the last Movement (see My idea : Sales Force : Signal confirmed to Buy 09/19). Now we begun a correction phase, before to continue to next targets. For the buyers not yet to enter, we must wait for rebound. May be at 269.26. If we break this support it’s not good and we must stay outside. For the sellers the trend is still bullish, but if the chinkou cross the prices it s a signal of weakness. So let’s see ..
NYSE:CRM
by challenger_man
The Magical 50 days Exponential Moving Average (50EMA)In 2021, we should take the price reaction to 50EMA very seriously! Especially if you like to buy the dips! I believe it could be single best tool to help you find the best entry and exit point in many tickers..! Let's review few examples: 1- NASDAQ:NVDA 2- NASDAQ:MSFT 3- NASDAQ:AAPL 4- NASDAQ:GOOG 5- NASDAQ:FB 6- NYSE:CRM 7- NASDAQ:CSCO 8- NYSE:SNOW 9- NYSE:BAC 10- NYSE:XOM and major indexes: SP:SPX TVC:NDX TVC:DJI What is Price Action? Price action is the movement of a security's price plotted over time. Price action forms the basis for all technical analysis of a stock, commodity, or other asset charts. Many short-term traders rely exclusively on price action and the formations and trends extrapolated from it to make trading decisions. Technical analysis as a practice is a derivative of price action since it uses past prices in calculations that can then be used to inform trading decisions. Price action generally refers to the up and down movement of a security's price when it is plotted over time. Different looks can be applied to a chart to make trends in price action more obvious for traders. Technical analysis formations and chart patterns are derived from price action. Technical analysis tools like moving averages are calculated from price action and projected into the future to inform trades. How to Use Price Action Price action is not generally seen as a trading tool like an indicator, but rather the data source off which all the tools are built. Swing traders and trend traders tend to work most closely with price action, eschewing any fundamental analysis in favor of focusing solely on support and resistance levels to predict breakouts and consolidation. Even these traders must pay some attention to additional factors beyond the current price, as the volume of trading and the time periods being used to establish levels all have an impact on the likelihood of their interpretations being accurate. Limitations of Price Action Interpreting price action is very subjective. It's common for two traders to arrive at different conclusions when analyzing the same price action. One trader may see a bearish downtrend and another might believe that the price action shows a potential near-term turnaround. Of course, the time period being used also has a huge influence on what traders see as a stock can have many intraday downtrends while maintaining a month-over-month uptrend. The important thing to remember is that trading predictions made using price action on any time scale are speculative. The more tools you can apply to your trading prediction to confirm it, the better. In the end, however, the past price action of a security is no guarantee of future price action. High probability trades are still speculative trades, which means traders take on the risks to get access to the potential rewards. Conclusion: Monitor asset reaction to 50EMA and define your entry and exit strategy based on this simple tool! Reference Article:: www.investopedia.com
Editors' picks
TVC:SPXEducation
by Moshkelgosha
18
CRM Daily TimeframeSNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS. ENTRY PRICE BLACK COLOR TARGETS GREEN COLOR STOP LOSS RED COLOR DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING. It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave. The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe. Consider those points and you will have a huge advantage in the market. There is a lot more about this strategy. It can predict possible target and also give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts. START BELIEVING AND GOOD LUCK HADIMOZAYAN
NYSE:CRMShort
by hadimozayan
Salesforce Analysis 24.08.2021Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I would also appreciate, if you would smash that like button and help me to create more free analysis like that. Thank you for watching and I will see you tomorrow!
NYSE:CRM
by basictradingtv
4
CRM active setup. Let's see how this performsToday we will talk about CRM. Here we have an active setup, and we will explain why we decided to develop it this way. Main structure: The most important aspect of the chart before the entry was executed, was this huge Flag pattern above a dynamic support resistance level. We were waiting for a breakout of the structure before developing setups. Also, we could observe 0 resistance levels after that. Time Horizon: When you are trading a big structure, you must understand that these types of setups take a lot of time to evolve. However, that's not a problem if you know how to handle your anxiety and have other setups or strategies running with this. The target: Is a convergence between fibo extensions and an ascending channel that is not defined yet (we need a new ATH to confirm it. However, if that happens, the alignment is pretty good. Activation Level: Our entry price is always above minor resistance zones of the corrective pattern, or in other words, "Always above B." That way, we avoid a lot of fakeouts. Invalidation Level: IF everything goes wrong, the invalidation level we have is below the structure. There we will automatically close our setup losing 1.5% of our Capital. Thanks for reading!
NYSE:CRMLong
by ThinkingAntsOk
1
CRM: Could be breaking out of the consolidation soon!Price broke out of a down channel back in beginning of May, and it went into a consolidation for coming to 2 months. CRM will be reporting their Earnings on 25th, and price could gap up. Stop loss can be placed below $237 . Target will be at $270. Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations. If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
NYSE:CRMLong
by leslieyimsm
Trade Idea on CRM - Trading the Flag PatternHi! Today we will share with you a trade idea (real setup we will execute on CRM) First, let's understand what we can see here from a technical perspective. a) The price was inside an expanding structure defined by the dynamic support-resistance trendline (white line) and the support level. b) After a huge GAP that broke the expanding structure, we observed a 270 days consolidation (Flag Pattern). c) In June, we saw the breakout of the Flag Pattern that tends to anticipate the beginning of a new movement once the price reaches a specific confirmation level (ABOVE "B") d) Based on the previous items, we have defined pending orders above "B" and stop loss below "C" the key idea of these levels is that they are on price levels that provide good confirmations in term of broken levels. This type of approach increases the possibility of success. e) What about the target? We have used a principle developed by Elliott, "New Impulses have correlations with the previous ones." In this case, using the previous impulse (Before the Flag Pattern), we can draw Fibonacci Extensions (nothing more than fixed proportions) to define 2 targets. f) How long can it take this movement if everything goes as expected? Between 200 and 350 days. g) How much do you risk in a setup like this? ALWAYS 1% OF our capital, never more. What does it mean? If you have a 10.000USD balance, you want to have a maximum loss of 100USD if the price reaches the stop loss. Is this a forecast? Not at all; this is a scenario that our system tells us, "Here you have a 50% chance of having a winning setup, with a risk-reward ratio of 2.36" With that clear, this is a bet we will take 100 times. The most probable thing is that we will be wrong 50 times and right other 50. Our main goal is developing a positive expectancy over the long term. In other words, "an edge." Thanks for reading!
NYSE:CRMLong
by ThinkingAntsOk
1