TroydTrades

Buy $CRM - PT 1 229, PT 2 236, Breakout 223, SL 215

Long
TroydTrades Updated   
NYSE:CRM   Salesforce
Salesforce has yet to fill the gap caused by the Slack buyout news. My original plan was to play the breakout at 229, but the recent dip has turned that into a short term profit target with a break of 223. Swing traders can buy now and aim for 223 on a medium or long term timeframe.
Trade active:
I took some march dated calls on the 223 breakout
Comment:
So we're back on the buy zone with this trade Idea. Shares are a great option, or longer dated calls.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.