3-6 Know what I like about issues that gap up on earnings? More often than not once the dust settles they tend to build a pullback pattern offering a lower risk entry vs chasing the gap. A lot of times they'll pullback to a support zone. As you can see that is what's happening with this issue. The blue lines are support zones for stop loss and risk management...
www.stocksetups.com
CRM preparing to finish rally that started in Jun 2013.
www.stocksetups.com
This cloud company was in descending channel in the first half of the year and erased most part of gains from 2013 but then regrouped and regained all key moving averages. With big, ignited, green candle it borke this short period of indecision and have built nice upper level base. Break above $58.63 could trigger an entry with stop below support of consolidation...
CRM has been showing relative weakness after the breakout failure in February that started deeper correction. The stock has lost support of all moving averages and spend descent ampount of time below 200 moving average. A break below $48 could resolve this bear flag pattern to downside. Stop could be placed above $54 where the 200 EMA comes in play. Target could...