SSFO34 trade ideas
CRM - Short-Term PutNothing new with the long-term mindset. Our calls back in the beginning of the month have come quite far.
Look for CRM to dip down to the 180 support.
We've got a trend line dating back to March 16 that should help us gauge if a new trend is forming.
We're at ATH so wouldn't be surprised if it does break the trend line and hover in the 180 to 195 area.
Still super bullish on Marc and the Salesforce team.
Salesforce $CRM "cup w handle"$CRM has just cleared $184.80 handle buy point yesterday. RSI broke the trendline too and the volume was more than average.
12 months Consensus Price Target: $198.50
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Long cloud Play CRMAs long as this does not break the channel and spy stays above 300 i am going long with 180 calls Or spreads...we are heading to test the 618 in the next 30 days. Waiting to Load up on June 26 180/185 bull spreads. Opposite this if channel breaks. Cloud plays getting attention on Cramer and CNBC.
CRM Bullish (ER Run Up)Symmetrical Triangle + Bullish Channel (Time Frame Confluence) + Momentum
I'm expecting CRM to continue in the bullish channel up to a price target of 189.98 (Supply Zone) before seeing a big pullback. No loss of bullish momentum yet but will wait for a break above 180 before entering Long.