CRM
CRM 10-Day-Ahead Prediction - 04/02-04/13 PeriodArtificial Intelligence/Deep Learning Enabled 10 Day Ahead Predicted values for Salesforce.com - CRM have been plotted on the chart.
The method used in this prediction is Deep Learning based, and using complex mathematical models to extract hidden time series features in vast amounts of CRM related data.
We have chosen the stocks with the highest expected percentage change in 10 Days, and CRM is one of them.
The expected 5 Day Change is 4.9324 %
The expected 10 Day Change is 5.942 %
Predictability Indicator is calculated as : 0.847
Predicted 10-Day Ahead Prices are as follows:
Mon Apr 02 Tue Apr 03 Wed Apr 04 Thu Apr 05 Fri Apr 06
119.89 121.29 121.46 121.68 122.03
Mon Apr 09 Tue Apr 10 Wed Apr 11 Thu Apr 12 Fri Apr 13
122.58 123.04 123.19 123.16 123.21
Please note that outliers/non-linearities might occur, however our Artificial Intelligence/Deep Learning Enabled predictions indicate the softened/smoothed moving direction of the stocks/commodities/World indices/ETFs/Foreign Currencies/Cryptocurrencies.
Feel free to contact me for your questions.
CRM Salesforce - Time for a PullbackSpinning Top candlestick forming on the weekly. xSilas' Godmode and Stoch RSI both throwing up cautionary signs on almost every timeframe. Hanging out at the top of the Bollinger Bands and looking for a reversion.
Entry at $125. Stop set at $132 in case this thing defies all. Take profit at $109-$110, but may very well just hit Bollinger's mean and keep climbing up. Short in the short run, Long other wise. Good upcoming opportunity to "buy the dip", as they say.
Squiggly lines for fun.
$crm rising wedge breakdown daily chart showing price pullback to prior support-high r/r for bearish continuation with multiple test of resistance 89.3x
mid time frame showing bearish wedge breakdown-solid momentum breaking out of wedge
monitoring price action on lower time frame to see follow-thru
tech sector looking weaker also
crm looking for retest of 91 area support--daily time frame is strong..rising MA's and adx is showing strength in uptrend
-intermediate timeframe showing strong uptrend with bulls in control on the steep impulse move and rising MA's
-looking for a shallow pullback to retest 91 support area and entry
-stop loss set at the intermediate term moving average
-reaching support on trendline for rsi in upward trend
-volume showing positive pressure and showing strength
-looking for a nice pullback and bounce and break out resistance area of 91.82
-riding trend but paying attention to what the price action is telling me
CRM long strategya long strategy on CRM
trend for sector and stock is long
I have underlined in yellow and purple some tendencies of this price
I added a pitchfork to follow the path of the stock
all explanation are into the chart
I'll enter step by step, following the trend
time is months till cash in (even in that case, I'll cash in step by step...)
this is a raw idea, looking for some feedback to validate or change or abort!
to get more infos about CRM >
people > www.reuters.com
analyst > www.reuters.com
> marketrealist.com
> marketrealist.com
CRM - Double to short setup from $82.46 to $75.13, Jun 85 put CRM is forming a possible Adam & Eve double top formation. Moneyflow is diverging & now sharply heading down.
It also has a lot of insider selling recently. We think it has very good decline potential.
On the option side we would consider June $85.00 Puts, last traded for $5.00
* Trade Criteria *
Date first found- March 20, 2017
Pattern/Why- Adam & Eve double top formation
Entry Target Criteria- Break of $82.46
Exit Target Criteria- $78.33, 2nd - $75.13
Stop Loss Criteria- $84.57
Please check back for Trade updates. (Note: Trade update is little delayed here.)
CRM- Short as it breaks below $73.03, & $72.5 May puts @ $6.25CRM
Date First Found - November 15, 2016
Pattern/Why- breakdown of trend line and up channel, possible earnings play
Entry Target Criteria- break below $73.03
Exit Target Criteria- $57.13
Stop Loss Criteria- $77.37
Indicator Notes- declining Twiggs Money Flow
Special Note- we would consider May $72.50 Puts currently @ $6.25
Next Earnings Release Date- November 17, 2016
Third indicator CRM will dropHistorically when CRM hits this level it drops a minimum of 5.23% and an average drop of 13.21%. Historical support is just south of 67.00 so my conservative play is a drop to at least 67.00. This is the third indicator this week signalling a drop in the very near term. Great PUT plays to be had.
ADDITIONAL INDICATOR CRM is heading downFor the second trading day in a row, another historical indicator points to continued decline for CRM. Historically when TSI breaks below this level, the stock drops at least 1.05%, with an average of 2.37%. There are two long term support trendlines and the nearest is around 65.30.
A conservative drop to around 65.75 within the next few weeks is my safer play. PUT options could bring in 15-35% if placed appropriately.
The long term trend is a wedge with an apex around 68.88 for November 2017. Most like the stock will break the wedge prior to that point but could be entering a state of less than 10 point moves over many months.
SALES PROBLEM FOR SALESFORCE?Historically when the RSI for CRM hits this level, the stock drops at least 1%. The more likely figure is 4.82%. A conservative drop continues along one of the many trendlines. My play is a drop of around 3.83%.
This play could bring in 20-41% with perfectly placed PUTs.
TWTR: Sell puts until December 16 or buy stockWe can reenter TWTR longs safely at the open tomorrow here.
After Disney and Google backed off from bidding to acquire TWTR, the stock sold off drastically but now landed on a key earnings support level, so it's logical to expect a technical rebound here. We can enter longs at market open tomorrow, risking a drop to 15.70. I would stick to 0.5% risk for this one, or consider selling puts (or using a risk/reversal option strategy) to profit from the expected rally.
CRM is still in the table, so, we might see some positive news come out, and buyers step in to support TWTR here asap.
Good luck,
Ivan Labrie.
GOOGLE 2 GET A GOOGLY SPINProbably GOOGL topped out around $820. Once a TWTR TWITTER thing settles down we can get a clear direction where it is heading. But if it has been really topped out then we can look for short side play. So wait for next few weeks/months. but a pattern is developing and it is in a very early stage. Google CEO Sundar Pichai NEEDS TO WORK HARD LITTLE BIT MORE WITH HIS GLASSES ON. When companies grow large, yes sometimes it is tough to maintain several portfolios. It needs to streamline.
How GOOGL will play out? Well first it has to break $680. Then next target is around $550. The next one is around $300 zone. Let see how it is playing out for next few months. Charts will be updated later. But a good candidate to keep an eye like APPL.
WHY BUY TWITTER???TWTR , a big name in social media. But who wants to buy Twitter and why? Well what ever the reason is I am not buying it as it doesn't make sense to me how a general everyday service product should have such high valuation? I would but TWTR if it's under $10. Actually let me take it back. My valuation is around $1-$3 at best. Because Twitter didn't add value other then just like news media but more like in a personal level. But it didn't change significantly either. Also think it has more opportunities to work in collaboration with GOOGLE GOOG rather just buying out or selling out the whole industry. It can work out in conjunction to Google Hangout out. But better future of TWTR is with FB. It would be a great tool if FaceBook can buy it as FB already has so many user which functions almost like twitter. You should also see CRM SALESFORCE too, as a short candidate. I will publish a chart on Google too soon.
Ok guys, other then random thoughts let you know that when it reaches the upper read resistance line around $30-$28 or below, then it will be a good are to go short again with TWTR
I hope when I am going to twit this post, Twitter is not going to take it off from my post :)
Who wants to sell Salesforce???CRM Salesforce is gone. Even though it is trying to buy Twitter but don't think it will be successful as Goggle and other hungry birds are out there. Even if CRM buys twitter still there stock are sale because it's a falling knife. And if there is a bounce that means more to upload with short side. There are 2 green support lines from 2009. One has around $60 as a temporary support but think it may well go down to $30 zone which is a second green support line. But if it breaks that line then it may go well below under $5 if CRM cant fix revenue streams and profits.
$CRM Bounce?CRM is currently leveling out around the $73 mark. The past pull back was only to $73. This is a key level of support for the stock. Also, the MACD is curling and could break through. Either way this is a key level. Bounce = Buying opportunity, Drop = wait/selling opportunity
www.trendyprofits.com
CRM -- EARNINGS PLAY: MAR 4TH 54/72 SHORT STRANGLECRM announces earnings tomorrow after market close, so look to put on a play in the waning hours and minutes of the NY session to take advantage of any volatility crush that occurs post earnings announcement.
Here's the setup, which naturally might have to be tweaked depending on how much CRM moves tomorrow intraday:
March 4th 54/72 Short Strangle
Probability of Profit: 75%
Max Profit: $122/contract
Buying Power Effect: Undefined
Notes: I played with doing a defined risk strategy, but I just can't get the 1.00 credit/contract I would want out of the play.
THIS WEEK'S EARNINGS PLAYS -- HD, FSLR, CRM, LOW, TGT, BIDUHere's are next weeks earnings plays that I'm thinking of playing via options, assuming the implied volatility rank "stars" line up correctly ... :
HD: announces on Tues 2/23 before market open.The rank is 55, the implied 32, neither of which is that great. If IV doesn't pop, I'll pass.
FSLR: announces on Tues 2/23 after market close. With a rank of 72 and an implied of 69, it's good to go .
LOW: announces on Wed 2/24 before market open. Its rank is 65; implied, 35, so it's kind of the edge. Like HD, its volatility needs to pop a bit for me to play.
TGT: announces on Wed 2/24 before market open. Rank: 57; implied 33. Needs to pop.
CRM: announces on Wed 2/24 after market close. Also good to go with a rank of 71 and an implied of 60.
BIDU: announces on Thurs 2/25 after market close. It's good to go with rank at 72, implied at 60.
EOG: announces on Thurs 2/25 after market close. Good to go, but I don't think I've played this one recently, which is surprising because it's an oil and gas play, and that sector's been hot volatility wise.
HLF: announces on Thurs 2/25 after market close. Also good to go, rank and implied volatility wise.
I'll post setups the day immediately preceding the announcement if it looks like they're still good plays.