Trading at lower price level, potential for upside.Based on YoY and QoQ growth, CRM ended Q3 with strong revenue and net income. Net income were 360, 1,110, and 126 million respectively from 2018 to 2020. In 2021, net income was 4,072 million. It grew approximately 1131% since 2018 and 366% since 2019 (which was highest in 3-year period). Arising from that, it appears CRM management have been successful in mitigating impacts of COVID-19. CRM has acquired an additional Co-CEO, who possess an extensive knowledge in the business world and entrepreneurship; employed at Google and contributed to the success of Google map, started own company that was acquired by FB, and then founded another company which was evidently acquired by Salesforce. Strong management team is necessary in the current market condition, unmistakably shown in the past year due to COVID-19 revealing that some businesses fail to adjust. The guidance for SalesForce Q4 is the additional revenues and net income added to finish the year strong. This was presented by the management team that each product SalesForce has are showing durable growth.
SalesForce currently sits on 5,511 FCF.
Lmao
PYPL to 270?PYPL is looking good. Today it bounced off of support despite gapping down. It was brought to my attention after seeing many large call option blocks come in ahead of earnings. If we get a bounce tomorrow, there may be a lot of money in store. It's near the bottom of its range of the flag, so now is a great entry point. In the most bullish case, I could see it hitting that 278 resistance at the most.
However, in the bear case, we could see more downside to around 255 support. We also opened below the 20 SMA today and got rejected hard by it. Indices are also not looking great recently.
What do you think?
Macy's? I'm Long LmaoKinda doing this one for fun, it's cheap with low risk. (Tight stop). Macy's is at a pivotal point, and is trying to reverse the bear trend, which is still apparent on the weekly chart. Fundamentally, it's a dead business, with -$259M in revenue and with insiders owning only 0.12% of shares. Long term is still bearish but I think price action is just doing it's thing on the daily. Also was this stock targeted by the short squeeze crowd before? Regardless I just think the chart looks kinda neat on the daily lol.
Insolar looking goodSitting on support.
One of the most frequent github commits cryptocurrency repo www.cryptomiso.com
First target: 0.0001412
Main target: 0.0002720
Rank 290 on cmc
"Mr. Nouriel Roubini's Indicator" to find key bottom for BitcoinThis is "World best indicator" what i've seen since I entered into the crypto world for trading.
Several days ago, I already called the bottom for bitcoin and published into tradingview.
Since bitcoin came out on earth, Mr. Nouriel Roubini said bitcoin and crypto is scam.
Indeed, in 2013, he leaved mention on his twitter saying,
"In good company with Gold.
@Convertbond: While everyone was focused on Gold and Silver ,
#BITCOIN dropped another 40%, traded below $58"
Source is as below,
twitter.com
Let's wait and see the future of crypto world and bitcoin.
XCP in the buy zonersi and stoch rsi still looks shit. i expect it to dump more however give the fact that this coin is more than 3 yrs old and it barely dipped below 0.001554 i would consider setting a buy order
you shouldnt listen to this nag here, im out trade safe
xoxo