CRM trade ideas
SalesForce - Rising Wedge, topping patternSalesForce, finishing a rising wedge on decreasing volume.
Will possibly fall out of the wedge and will finish forming the right shoulder when re-testing the breakdown.
Dump it.
CRM has a big potential to go upSALESFORCE.COM INC is going to have a bullish trend in the next weeks.
Daily trend nearing 61.8% retracement levelAs with numerous tech stocks, $crm is presently in bounce mode...at least until the 61.8% fib retracement zone is reached.
NYSE: CRM shows Daily Breakout backed by Weekly MomentumNYSE: CRM has broken out in Daily Time Frame backed by strong bullish Weekly momentum.
Entry can be at last daily close or a tick above.
CRM Round DownCRM is about to finish its last leg of its rounding formation. Resistance is at the 125 level on the short side, which is my target. This can complete by tomorrow.
CRM Round UpCRM is rounding up towards the top of its cup at the 160 level, which also happens to be where the 30ema moving average lies on the daily chart acting as resistance. I believe it can get there within the next day, before it reverses.
Divergence on Salesforce. TP $178. SL $158Price is showing divergence from RSI 5. Long Salesforce until next resistance $178. SL at $158 if price break support $160
Back test the previous break out support , then next?LET's be patient, in order to see the most beautiful nurse, you need to be patient
