SalesForce CRM short 15min monitor 5minSalesForce CRM short 15min monitor 5min
1:98
Looks good trade.
Lets monitor.
Small lot size
Disclaimer: just an idea
SSFO34 trade ideas
10/17/21 CRMSalesforce.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 1/20/23 400c
Trade price as of publish date: $12.50/cnt, $9.85/cnt
CRM - Buying OpportunityTextbook ascending triangle pattern.
This is what happened...
1) Breakout 2) New all time high 3) Healthy pullback/ retest of breakout level 4) Popped into new ATH's.
It could pull back to around $287, but I'm looking for continuation to $300.
CRM BreakoutCRM made a breakout yesterday
Want to see a follow through today
1 Year long base
Price above 200DMA
CRM is about to RIPCRM is setting up for a huge breakout. RSI & MACD are looking strong. Anticipating a gap and go over resistance tomorrow provided the FED doesn't tank the market today.
Ready for breakoutI haven't been trading this lately but the chart caught my attention. We might be looking at a breakout soon on this.
$CRM plan and targetsLets take a look at CRM.
We have gaps on top and bottom.
-Price is currently trading above the 20day moving average creating a rally base rally.
-Bearish below 2hr demand.
let me know what your thoughts are in the comments!
thanks for stopping by!
CRM what s Next ?CRM has reached the first target relative to the last Movement (see My idea : Sales Force : Signal confirmed to Buy 09/19).
Now we begun a correction phase, before to continue to next targets.
For the buyers not yet to enter, we must wait for rebound. May be at 269.26.
If we break this support it’s not good and we must stay outside.
For the sellers the trend is still bullish, but if the chinkou cross the prices it s a signal of weakness.
So let’s see ..
SALESFORCE.COM BEST TO BUYCRM Stock already break out from Daily TimeframE...can wait to come near 240 or above 290 for target 345 in next one year.
CRM: Ascending Triangle (61%)CRM ascending triangle, not confirmed yet.
Must break through the 285$ resistance with volume to confirm.
If confirmed:
Price target = 460$
Stay humble, have fun. make money!
$CRM - 1yr base breakout set upSalesforce : $CRM - breaking out of its year long base.
25% deep base.
If broader market helps further upside likely.
Update: Salesforce (CRM) - Fundamental & Technical Idea Now +19%Update: Salesforce - Fundamental & Technical Idea Now +19%
A great example of earnings being an additional driver over the 3-month period. Well done if you were long.
For more real-time insights and trade ideas, get in touch today.
CRM potential growth back to 270Retraced back from 270-280 levels. Could be a retest, after which it could go back up.
Entry level - above 255
Target level - 270
Stop-loss - 249
Size - 5% of the capital
Period 4-6 weeks
Sales Force : Signal confirmed to BuyThe break of 257 (Kijun) perfect signal to continue the bullish trend and perfect moment to buy.
next target after the break of the last high :281, 291 and 304
CRM readily for a correctionRising wedge.
1st tp : 50ma
2tp : 243 ( I expect a bounce here)
3tp 221
stop loss 263
Cup and Handle Rising Wedge Earnings AMC TodayEarnings are today after market close.
CRM is in a rising wedge but has broken up and out of rising wedges in the past without breaking the bottom trendline. The pattern is not valid unless the bottom trendline is broken. Down the road, after the break up from the rising wedge, CRM encountered a deep pull back and did break the bottom trendline of the wedge it blasted out of when inducted in to the DOW. But it was much later when this happened and CRM made a lot of gains before coming back to meet the bottom trendline of that rising wedge. I do not recall if earnings were due when that happened, just have noted sometimes a rising wedge can hurt you at earnings. Not always. Some stocks blast up and out of this pattern. SNPS did recently.
Rising wedges resemble triangles, but both trendlines slope up. The trendlines narrow at the apex creating a vacuum similar to triangles and contracting bollinger bands. Rising wedges interrupt supply and demand and are bearish in the end. But the end can be in the future or it can be any trading day.
The upper resistance line and lower support line converge as the pattern matures. Bearish confirmation of the pattern does not come until the support line is broken in a convincing fashion. While it is a consolidation formation, the loss of upside momentum on each successive high gives the pattern its bearish bias. However, the series of higher highs and higher lows keeps the trend inherently bullish. The final break of support indicates that the forces of supply have finally won out and lower prices are likely. In a strong stock, price usually finds a support level that exists inside the wedge. I have noticed strong stocks do not fall out as far as a weaker stock will.
No recommendation.
Scared money can equal lost money. Be safe.
