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FluxTrades

$CRM - Day Trading the Overhead Volume Gap

Long
Salesforce (NYSE:CRM)  
FluxTrades  
NYSE:CRM   Salesforce
Trend Analysis Supply and Demand Chart Patterns gap gapfill gapup LONG daytrade
2
0
trendanalysis supplyanddemand chartpattern gap gapfill gapup long daytrade
While $CRM was in freefall we left a small volume gap overhead.

Given that we break the upper trendline around 262-263, we should make a quick trip up to 266 as we fill the gap above, allowing us to capture an easy 1.5% move.

Options will be extremely cheap tomorrow since it's Friday, making this the perfect day trade candidate.
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