NYSE:CRM (SALESFORCE: CRM ) - Trend Analysis - 📑Value: 8/20 📈Growth: 16/20 💰Profitability: 20/20 🚀Momentum: 6/20 💸Earnings: 8/20 🖇️Total Score: 58/100
CRM morning gapper here on this spectacular March 8 Monday morning. Playing ping pong off that channel, can it retest the upper trend line and potentially break though? Who cares, I'm entering calls at open for a decent risk reward play here... Good luck trade safe! Let me know your thoughts! Thank you
I don't have confidence in Salesforce. I haven't taken these options yet, might still update the strategy. It NEEDS to break it's support level before I take the trade.
$CRM. Earnings rose 24% from a year earlier while revenue climbed 20% to $5.82 billion. But its fiscal 2022 EPS target lagged, according to Investors.com Volume price profile looks good, with POC (point of control being at $226). Great buying opportunity if it bounces off of $216 Fibonacci. Strategy: selling put spread below 215/210; buying vertical spread...
Hi guys, NYSE:CRM on weekly formed perfect bullish flag. Now it is on top of the channel created bearish price pattern and very nice short opportunity with target at $200. From long term perspective price range from 190 - 200 seem perfect sweet spot to long entry on this weekly bullish flag. Happy trading! If you like the idea, do not forget to support with a 👍...
Hi Folks, I'm new to charting so if there's any CMT's taking a look, please feel free to criticize. Anyways, on to the chart. I like the setup for CRM here. It appears a classic Island Reversal Pattern has completed and the prices are ready to move higher. I also like the risk reward ratio. Traders can risk down to the 50DMA with a reward potential up to the...
Watching CRM for a break on a very long falling channel. Believe we can see 270 soon. Entered a starter position today with 4/16 270/310 spread, planning on going in deeper with confirmation give it a watch. #flextradinggroup
In the vast emptiness of the universe, the Salesforce was long subject to much darkness, but it finally regained enough strength to explore new galaxies! In other words, the Salesforce stock has been within our designated target box for long enough after some months of decline. Now, it is time for the stock to leave the mark of $212.99 behind and push for a...
Bullish flag formation intact and steadily reproaching our 200 MA. Might look to make a move on this if volume starts to pickup with a breakout and re-test through our top line (Blue) is observed.
I think the title explains it well enough. Seems like reasonable support with some bullish divergence on the RSI. Happy trading!
Coming earning will show good or bad side of Slack deal.
NYSE:CRM is another vulnerable short opportunity with promising entry right now. Expensive stock with market cap above $200 bln, P/E > 100 and P/S >10, which topped exactly after being added to Dow Jones in late August and trending down since then on poor relative strength.
waiting for price to break key levels then buying dip