Up nearly 18% in just over a month. +70% YTD
They report tonight and are probably strong today on other tech gains from last night's earnings report.
$2.05 expected versus last of $1.90. No dividend.
I would like to establish a short in the $232-$233 area as this sets up an Bearish Alternative Bat.(Anti Bat)
RSI also getting a little up there.
Momentum could roll over any time.
Watching... not investment advice . DYOD.
I will watch and advise.
S.
Order cancelled
Well that's a good lesson... as I did to wait until the news is out. CRM traded +8% overnight and has given some of that back as longs sell and shorts cover.I still think this is over extended as there is no apparent pattern I shall step aside
Note
Final comment on this.... it's still O/B IMHO.S.
Note
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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.