Salesforce.com Inc. ( NYSE:CRM ), the global leader in customer relationship management software, has witnessed a notable 4.8% jump in premarket trading, trading at $271.25, following its robust second-quarter earnings report. The company’s impressive performance and upgraded full-year profit outlook have set the stage for a potential breakout from its current...
Upcoming Earnings Salesforce, Inc. (ticker: CRM) is scheduled to report earnings after the market closes on 28 August. The consensus earnings per share (EPS) estimate for the fiscal quarter ending July 2024 is $1.73. The reported EPS for the same quarter a year prior was $1.63. Vulnerable Resistance? Resistance is currently being tested at US$263.42 but...
Reasons for bullish bias: - Price gave a small consolidation breakout - Bullish divergence Here are the recommended trading levels: Entry Level(CMP): 283.47 Stop Loss Level: 265.74 Take Profit Level 1: 301.20 Take Profit Level 2: Open
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...
short term long.If pullback is supported by low volume long. IF the pullback will be followed by high volume short Salesforce (CRM) One of the biggest players in the cloud-based customer relationship management (CRM) domain, Salesforce (CRM) provides solutions to bring companies and customers together through its platform. Beginning in a San Francisco apartment...
Salesforce - 30d expiry - We look to Buy at 192.32 (stop at 184.98) The primary trend remains bullish. Price action has formed a bullish ascending triangle formation. Trend line support is located at 192. The bias is to break to the upside. Trading close to the psychological 200 level. A break of bespoke resistance at 200, and the move higher is already...
Salesforce - 30d expiry - We look to Buy a break of 167.51 (stop at 158.51) Short term momentum is bullish. There is no clear indication that the upward move is coming to an end. A break of the recent high at 167.24 should result in a further move higher. The previous swing high is located at 166.03. A clear break of 167.24 and we would look for further...
1. Salesforce is set to soar after Elliot Management took a stake. 2. Even before that, the stock was already forming a falling wedge pattern on the daily chart. 3. Salesforce RSI was also forming a bullish divergence pattern.
CRM is complete a big contracting reverse triangle , wave C is a zigzag , and wave c of this zigzag is a terminal at this levels i prefer to be a buyer for long time
Entry 145.8 SL 137.35 CRM daily bullish hammer super tight countertrend quick within pinnacle.
Saleforce Short Term - We look to Buy at 168.45 (stop at 151.44) They reported earnings with forecasted earnings rising despite strong dollar headwinds. This led to a jump in premarket and could provide impetus for further rise up. There is scope for mild selling at the opening but loses should be limited. Our outlook is bullish. Dip buying offers good...
CRM, good company with positive cash flow growing, leader in the industry. In a daily demand zone and a retracement + an interesting moving average on monthly. Potential buy.
As you can see, salesforce really has a preference for channels. Breakouts almost always led to a strong upward movement. Here, too, hopefully. I would be happy to get feedback. Updates on ideas will follow.
NYSE:CRM CRM has contacted Monthly Demand and is in line with the Monthly Demand that the S&P 500 has contacted. There are several stocks that are currently aligned with the Monthly Demand of the S&P 500 ** See my profile for more stock scenarios** CRM has the potential to rocket with institution demand coming into play. This trade has the potential to reach...
Hi all, After the correction and retracement of the last weeks, i notice a nice bottom developing where: - 200 SMA on the weekly chart tested - bottom of historically trendline - oversold conditions on indicators as DRSI - fibonacci on 0. ofcourse nobody can predict the future, but with that said, i see a potential all time high on the horizon.
$CRM nice lower shadow and an inside candle. Can this projects us higher or lower from here ? Drop a comment of what you think of the outcome
Calling a short-term bottom on CRM here. This is not a bloated tech stock, it's valued over time. They are currently at a P/S ratio of 8 and I think the stock might have put a temporary bottom. All in all, the stock would still go through the market correction cycle in the long term. In the short term, I expect it to close at least GAP 1. Also, notice the stock...
CRM is a stock with great fundamentals and I honestly believe every company would eventually move to a automated customer relations management system. The stock has been beaten down since last month with no changes in fundamentals and I think it might be time for a reversal after the 20% drop. Trade Idea: 01/21 260C on break of 253 in a 30 mins chart Target:...