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...
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...
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...
I count CRM as wave (4) of circle wave 3 complete. Expect to see at least 400 level (5=1), ideal target is 600 zone.
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...
Saleforce Short Term - We look to Buy a break of 192.11 (stop at 179.00) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. This stock has recently been in the news headlines. A bullish reverse Head and Shoulders is forming. A break of yesterdays high would confirm bullish momentum. We look for gains to be...
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...
Salesforce.com Inc. ( NYSE:CRM ) Sector: Technology services (Packaged Software) Current Price: $291.66 Breakout price trigger: $284.50 (hold above) Buy Zone (Top/Bottom Range): $289.80-$275.50 Price Target: $332.00-$335.90 (1st), $418.00-$422.00 (2nd) Estimated Duration to Target: 110-117d (1st), 335-374d (2nd) Contract of Interest: $CRM 1/21/22 300c, $CRM...
CRM Stock already break out from Daily TimeframE...can wait to come near 240 or above 290 for target 345 in next one year.
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...