This is a chart of $CRM. The bars pattern is of $FTNT. You can do this with $ADBE and a number of other tech stocks as well. You'll probably notice $ADBE is leading, I'm betting $CRM will follow. Both will catch up to $FTNT.
The structure is ready, we've been drawing this bull flag forever. We've lost all hope in stocks. Biden flushed everyone out that is scared of a little tax bump but only poors worry about taxes... they sold the bottom. It's time.
The structure is ready, we've been drawing this bull flag forever. We've lost all hope in stocks. Biden flushed everyone out that is scared of a little tax bump but only poors worry about taxes... they sold the bottom. It's time.
Comment:
MACD, RSI look good. Run the stops at 200 and go?
Comment:
We bounced off the 209 level, and broke out of the flag. Here we go... 284 is the target, then we'll see...
Trade active:
So far so good. We likely go straight up from here. $357 or gtfo. Ideally we stay above $261 going forward but a retest of $252 is not out of the question as it's a both the golden retrace level and an important monthly level.
Trade active:
It literally doesn't get any better than this. Selling on the way up...