CRM - Breakout Falling Trend [MIDTERM]
- CRM has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate.
- CRM has given a positive signal from the inverse head and shoulders formation by a break up through the resistance at 177.
- Further rise to 233 or more is signaled.
- CRM is approaching's resistance at 192, which may give a negative reaction.
- However, a break upwards through 192 will be a positive signal.
- Positive volume balance, with high volume on days of rising prices and low volume on days of falling prices, strengthens the stock in the short term.
- Overall assessed as technically neutral for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
Verify it first and believe later.
WavePoint ❤️
- CRM has given a positive signal from the inverse head and shoulders formation by a break up through the resistance at 177.
- Further rise to 233 or more is signaled.
- CRM is approaching's resistance at 192, which may give a negative reaction.
- However, a break upwards through 192 will be a positive signal.
- Positive volume balance, with high volume on days of rising prices and low volume on days of falling prices, strengthens the stock in the short term.
- Overall assessed as technically neutral for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
Verify it first and believe later.
WavePoint ❤️
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For more info:
Threads: threads.net/@wavepoint99
Telegram: t.me/Wel_99
TradingView: bit.ly/43y7zC6
Twitter: twitter.com/wavepoint99
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