CRM has been trending up since last week and now it looks as though investors are getting ready to take profits.
- Slow Stochastic is curving down at the top of channel
+ Slow Stochastic is at 97
+ RSI overbought
+ MACD shows slight slowing
+ gravestone Doji at the top of uptrend (bearish)
October 19 CRM started to trend downwards around mid-day, so momentum is slowing.
Price Target One: $284.54
Price Target Two: $275.44
- Slow Stochastic is curving down at the top of channel
+ Slow Stochastic is at 97
+ RSI overbought
+ MACD shows slight slowing
+ gravestone Doji at the top of uptrend (bearish)
October 19 CRM started to trend downwards around mid-day, so momentum is slowing.
Price Target One: $284.54
Price Target Two: $275.44
Note
Initial Price Targets were incorrect.
Price Target: $282.16
Bearish breakout is 288.75. Rejection at $291 will serve as a potential entry signal
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.