Salesforce has been consolidating since August. It took an unnecessary hit due to its Slack acquisition which yes was expensive, but I think Benioff has a plan to ultimately compete strongly against Microsoft.
Divergence on the MACD and RSI as well as a nice squeeze indicated, I think this thing is going to pop much higher in the next couple of months for a very nice swing trade. I picked up May calls as well as added more shares to my portfolio. I think this one is a no brainer for the long term.
I am not a financial advisor and this is not financial advice. Good Luck!
Divergence on the MACD and RSI as well as a nice squeeze indicated, I think this thing is going to pop much higher in the next couple of months for a very nice swing trade. I picked up May calls as well as added more shares to my portfolio. I think this one is a no brainer for the long term.
I am not a financial advisor and this is not financial advice. Good Luck!