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).
CRM
CRM (NYSE) - If break up, u can buyGreetings
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CRM (NYSE) - If break up, u can buy
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
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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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.
Consolidation ready on CRM / waiting for the breakoutToday we will share a long setup we are waiting for.
On CRM we are observing a 150 days Flag pattern completed from a technical perspective
- The Flag pattern is supported on a broken ascending trendline
- The confirmation level to activate a setup is the green line. IF the price reaches that level we will open long positions towards the First and Second Target (Fibo Extension)
- The invalidation level for this idea is below the Corrective structure, also that's a key level to set stop-loss orders
- If everything goes as expected, we think the movement can take about 4 to 5 months.
If you have any doubt don't hesitate to write us a comment below!
CRM Bullish RectangleBased on my fundamental analysis I have set a price target of $275 for CRM. Watch for CRM to make another attempt to break out of the rectangle in the near future. If price comes down from current level before breakout attempt and bounces off support it will be an excellent buy opportunity. If a breakout of the rectangle does occur I believe we will more than likely hit the $270+ price target.
CRM Swing position. 3:1 Risk/Reward.Will be looking to add CRM as a swing play. Weekly chart shows solid bull flag consolidation. I am going to be watching on the Daily how the stock performs today. Back over the 20 SMA on daily chart and will watch to see if it holds and closes above today. R/R is 3:1, eyeing a 3-6 month hold on these shares.
*I will post updates later today upon entering.