CRM long target my gold boxGreat volume backing price action.
Obvious profit taking point.
Will be looking at the gold box for target.
CRM
Salesforce. CRM. Reverse Engineering a Decision.I went long a 240 call option earlier this week on a total gut play, and it turned out to be my best trade. Now I'm reviewing to get some positivity in to start the weekend, and maybe put into trader language what my gut was seeing.
Key things I notice about the trade:
Non-Indicator elements noticed:
- It had nice bounce off the most easily visible liquidity zone.
- It had a TLB from the February high.
- It had a break of resistance ceiling and follow through.
Maybe the stacking of these three elements is what led to the push through what could be viewed as the middle territory.
Indicator elements noticed:
- At the placement of the trade the indicators were saying it was a terrible decision. At least, from the Daily viewpoint.
- The RSI proved pretty useless in this example.
- The Stochastic crossover would have provided a nice entry.
At the end of the day, there is no other way to classify a gut play than gambling, which is unfortunate, because it was my best trade of the week and now I'm having potentially unsustainable habits reinforced.
Maybe I can find some way to confluence these ideas moving forward.
CRM through the supply zone on Ear run up now?Bullish move continues our June 250c are now over 100% with lots of time left from our entry.
LONG CRMExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
CRM at Support and Supply zone on long term trendline - Bullish CRM in a short term Anchored VWAP pinch, at long term support from pre ER gap up last August. Entering supply zone here. Looking for longer dated calls to catch full move into next ER. Will be scaling in to this one with June calls.
CRM IdeaCRM is down over 30% since its its all-time highs in September is down over 18% since mid-February.
CRM is somewhat risky considering its aggressive valuation however, with the digital transformation of the economy and major shift into cloud services this company's long term potential can't be ignored.
CRM holds a 20% share of the global CRM market which is larger than those of its four largest competitors combined (Including Adobe, SAP, and Oracle).
SalesForce (CRM) Great Entry Point!SalesForce (CRM),D1: Mirror level + Bollinger bands + Spinning Top + Dragonfly Doji + Oversold + Discount.
CRM (NYSE) - If break up, u can buyGreetings
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Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
CRM (NYSE) - If break up, u can buy
CRM Stock 09/03/21 Analysis 4H ChartNYSE:CRM (SALESFORCE: CRM )
- Trend Analysis -
📑Value: 8/20
📈Growth: 16/20
💰Profitability: 20/20
🚀Momentum: 6/20
💸Earnings: 8/20
🖇️Total Score: 58/100
CRM salespitchCRM morning gapper here on this spectacular March 8 Monday morning. Playing ping pong off that channel, can it retest the upper trend line and potentially break though? Who cares, I'm entering calls at open for a decent risk reward play here... Good luck trade safe!
Let me know your thoughts!
Thank you
$CRM - Salesforce Earnings PlayI don't have confidence in Salesforce. I haven't taken these options yet, might still update the strategy. It NEEDS to break it's support level before I take the trade.
If you have Salesforce read this!!!Salesforce closed below its 200 EMA for the second day!
Making a bearish channel + rapidly decreased earnings and No significant increase in revenue in the last 3 quarters makes it crystal clear that Salesforce will go down more. The question is 10% or 25% and how fast that is going to happen?
Most Gaps will be filled in the future! CRM has just filled its own
☁️ Salesforce short term - SHORT, long term LONGHi guys, NYSE:CRM on weekly formed perfect bullish flag. Now it is on top of the channel created bearish price pattern and very nice short opportunity with target at $200.
From long term perspective price range from 190 - 200 seem perfect sweet spot to long entry on this weekly bullish flag.
Happy trading!
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CRM getting ready to touch ATH Flag pattern breakout with strong master candle, volume spike indicates that CRM is ready to touch 275-280 zone.
Long CRM - SalesforceHi Folks,
I'm new to charting so if there's any CMT's taking a look, please feel free to criticize. Anyways, on to the chart. I like the setup for CRM here. It appears a classic Island Reversal Pattern has completed and the prices are ready to move higher. I also like the risk reward ratio. Traders can risk down to the 50DMA with a reward potential up to the prior resistance. If resistance is broken then prices could reach the prior highs.
So. you'll risk $15 for a $25 upside with potential to $41.
I'll be entering a position tomorrow when the market opens.
Thanks for looking and GLTA.
CRM - Long - My PositionWatching CRM for a break on a very long falling channel. Believe we can see 270 soon.
Entered a starter position today with 4/16 270/310 spread, planning on going in deeper with confirmation
give it a watch.
#flextradinggroup
