COSTCO 850 AFTER EARNIGS ?? 5 STRONG REASONS WHY !!!
thanks to
WWW.CAFECITYSTUDIO.COM
NY RUNS GLOBAL INC .
Robust Financials:Costco has consistently demonstrated strong financial performance. Its revenue growth, profitability, and debt management are impressive.
The company’s ESG (Environmental, Social, and Governance) score for its industry is good, indicating responsible business practices .
Customer Loyalty and Resilience:Costco’s loyal customer base contributes to its stability. Even during economic downturns, consumers tend to remain loyal to the brand.
This loyalty makes Costco stock relatively recession-resistant, which is a valuable asset for long-term investors.
Analyst Sentiment:Over the past few months, analysts have revised their average price target for Costco upwards significantly. This suggests positive sentiment and confidence in the company’s future prospects.
There is high visibility into Costco’s activities for the coming years, supporting predictable sales.
Inflationary Pressures:The recent inflationary pressures have positively impacted Costco stock. As the Federal Reserve adjusts its monetary policy, companies like Costco may benefit from higher prices and increased consumer spending.
Valuation Considerations:While Costco’s fundamentals are strong, it’s essential to consider valuation. The company operates with relatively high earnings multiples.
Investors should weigh the potential upside against the current valuation when projecting the stock price.
Salesforce
10% December slide for Salesforce (CRM)
Despite raised guidance, we see a 10% correction ahead for Salesforce. This doesn't mean it won't experience a next leg up. Near-term short opportunity! Wave 5 ending and overbought. The stock's rapid ascent may have led to overvaluation, making it susceptible to a pullback as investors take profits.
We see a 10% reversal to the $320 price range this December.
Keep your charts clean and easy to understand.
Your strategy should look for easy-to-identify repeating patterns.
Be alert.
Trade green.
Salesforce - $CRM - Set to FLYSalesforce is primed for a major move higher, and here’s why:
1️⃣ H5 Indicator is GREEN
2️⃣ Hasn't reach bull flag measured move yet
3️⃣ Massive 3-Year Cup-and-Handle Pattern Breakout with a retest. Now NYSE:CRM will move higher!
4️⃣ Wr% consolidation box is thriving
5⃣ All Time High Free Range 🐔
6⃣ Impressive FCF Growth: Driving higher margins and profitability. Intrinsic Value (Fair Value): $419 - 21% higher
🎯 $383 (Aug 2025)
📏 $502 (Before 2028)
Are you sold on this H5 Setup?
NFA
Salesforce (CRM): Decision Point ApproachingNYSE:CRM has risen higher than anticipated, but we are still holding on to our bearish scenario. Initially, we expected another leg down following the wick that we identified as wave ((a)), but the stock surprised us by pushing to a higher high, surpassing the levels of wave 1 and wave B at $348.86.
This move invalidated our first bearish scenario, activating our secondary outlook of a flat correction where wave ((b)) exceeds wave 1, which aligns with the current structure.
From here, our outlook is straightforward: if our bearish scenario holds, NYSE:CRM should drop below the wave ((a)) level, which is yet to be determined. However, if the stock rises above $360 and sustains trading at that level, the bearish outlook will be invalidated, requiring a complete re-charting of $CRM.
A decision point is approaching, and we will monitor the stock closely for further developments.
SALESFORCE $CRM | STRONG TREND UP TO EARNINGS Dec. 3rd, 2024SALESFORCE NYSE:CRM | STRONG TREND UP TO EARNINGS Dec. 3rd, 2024
BUY/LONG ZONE (GREEN): $338.75 - $400.00
DO NOT TRADE/DNT ZONE (WHITE): $331.00 - $338.75
SELL/SHORT ZONE (RED): $250.00 - $250.00
Weekly: Bullish
Daily: Bullish
4H: Bullish
1H: Bearish
NYSE:CRM releases earnings today, Tuesday Dec 3rd, after market close. Price ranges up to previous earnings on Aug 28th. This range finally breaks out and creates a bullish trend that has held strong leading up to today's earnings. High timeframes show bullish trend (my trend determining indicator), along with current chart trend bands (my channel/bands directional bands). ATM Straddles suggest the expected move to be around 7.25%, or $24.00 in either direction. This is on pace with it's average and historical earnings moves (previous 8 - 12 quarters).
My estimated moves:
Downside: ~$300
Upside: ~$360
(30-45 DTE)
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
trendanalysis, trendtrading, priceaction, priceactiontrading, technicalindicators, supportandresistance, rangebreakout, rangebreakdown, rangetrading, chartpatterntrading, chartpatterns, crm, NYSE:CRM , salesforce, salesforce earnings, earningsplay, salesforcetrend, salesforcetrade, crmtrend, crm earnings, crmtrade, crmstrongbullishtrend, salesforcestrongbullishtrend, options, optionstrading, atmoptions, atmstraddles, atmstrangles, willcrmbeatexpectedmove, expectedearningsmoves,
Docusign - An Opportunity for New Entrants▫️Docusign - NASDAQ:DOCU - for new entrants
▫️ Bottom to bottom cycles are 26 - 31 weeks
▫️ I am hoping for a pull back into that window between 26 - 31 weeks to add an allocation.
▫️ This would coincide with the 50 weekly moving average and some good historic price support.
▫️ A bid at the range $70 - $76 would be ideal but as low as $66 would be better.
▫️ The DSS Bressert also seems to indicate a pull back us due.
Company has a nice balance sheet and high deferred revenue, meaning purchasers have paid up front for future services demonstrating they have faith in the company and what it provides. Docusign is integrated with some of the largest companies in the tech industry and likely to grow with these companies. The company piggy backs off all the growth in these firms and has had delayed price action relative to the tech greats it is aligned with.
Sorry for these rougher charts but better to get them out than not at all.
One to watch
SALESFORCE $CRM - 5/17 - THE STOCK GAUNTLET CONTINUES! ⚔️🛡️ THE STOCK GAUNTLET CONTINUES! ⚔️🛡️
STOCK/ TRADE SETUP UPDATE: 5/17
5⃣ NYSE:CRM - SALESFORCE
Video Analysis:
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NFA #tradingstrategy #HIGHFIVESETUP
NYSE:CRM
Salesforce Set to Soar: Here’s Why!NYSE:CRM
Salesforce Set to Soar: Here’s Why!
Salesforce is primed for a major move higher, and here’s why:
1️⃣ #HIGHFIVESETUP: Our proven trading strategy signals bullish trends.
2️⃣ Bull Flag Breakout: Already breaking out, heading toward the next key point.
3️⃣ Massive 3-Year Cup-and-Handle Pattern: NYSE:CRM is on the verge of a significant breakout.
4️⃣ Impressive FCF Growth: Driving higher margins and profitability.
🎯 Price Targets:
First Price Target: $383 (Aug 2025)
Second Price Target: $500 (2028)
What do you think of this trade setup? Are you adding it to your watchlist?
NFA
#trading #QQQ #SPY
SALESFORCE Long term B U Y* alerts 4 year long inverted HNS the stock looks promising in the near future. Above 319 stock jumps till 505. Once you invest you need to wait for 3-4 months for the stock to react dont get bored as this is on monthly pattern.
CMP - $293
Above - 319 stock can jump till 505
Stop loss - 210
Targets - 505 --- 600
CRM’s Bullish Setup: Inverted Head & Shoulders BreakoutSalesforce Inc. (NYSE: CRM) continues to innovate and maintain its position among the leading players in the cloud space, as highlighted in recent financial reports. The company’s growth has been driven by its focus on customer relationship management (CRM) technologies and its expansion into artificial intelligence, which has bolstered its offerings. Despite broader market headwinds, Salesforce has managed to navigate the tech sector’s volatility with strategic initiatives and solid earnings performance.
Technical Outlook: Inverted Head and Shoulders Pattern
On the weekly chart, Salesforce stock shows the formation of a classic inverted head and shoulders pattern, a bullish signal indicating potential upward momentum. The key resistance level stands at $314.70 , which the stock attempted to breach earlier this year, experiencing rejection in February, marking the stock’s all-time high. A retest of this key resistance appears likely in the near term.
If the stock manages to confirm a breakout above this zone, our target price is set at $339.48 , a level that aligns with historical resistance and bullish momentum projections. To manage downside risk, we suggest placing a stop loss at $259.75 , a lower support level that provides solid technical backing in case of market reversals. This setup offers a risk-reward ratio (RR) of 1.5, making it an attractive option for traders seeking a medium-term position.
Quantum Probability Indicator: Strong Momentum Signals
Our proprietary Quantum Probability indicator, W.ARITAs , further strengthens the bullish outlook on CRM stock. The indicator points to strong technical momentum, suggesting a high probability of the stock moving toward our target zone. This momentum aligns with Salesforce's broader market positioning and favorable investor sentiment.
Conclusion: Positive Short-Term Outlook for CRM
Salesforce Inc. has demonstrated resilience in a challenging market environment, and its technical indicators now suggest a potential breakout. With a target price of $339.48 , a stop loss at $259.75 , and a 1.5 risk-reward ratio , this setup presents a favorable opportunity for traders looking to capitalize on bullish market conditions. As always, investors should remain cautious and monitor key resistance levels for confirmation of a breakout.
Disclaimer: This analysis is based on technical indicators and market observations. It is not financial advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions.
Salesforce (CRM): Potential bearish flag formingOne of our members asked for an analysis on Salesforce ( NYSE:CRM ), and we've taken a closer look at it. Initially, it's a bit challenging to see the full picture, but if our Elliott Wave count is accurate, we marked the end of wave (2) at $115.29 after establishing wave B, which was exactly between the 127.2% and 138% Fibonacci levels.
It appears that wave 1 was put in with a new high slightly above wave B, taking out the resting liquidity (likely due to profit-taking and closing of long positions). Following this, there was a 33% drop, and here's where it gets tricky. Normally, we would expect this decline to continue, suggesting that the current rise is merely a relief pump. However, wave ((a)) perfectly touched the HVN POC, which indicates a slight chance that this could be the bottom. That said, we still believe that a continuation down to the 61.8-78.6% Fibonacci level is more likely.
Zooming in on the blue-circled area, we notice a textbook bear flag pattern developing. While we don't typically trade based on chart patterns, it is difficult to ignore this one given its clear structure. It becomes even more significant if there is a wick above the upper trend line of the flag, which could trigger another sell-off by taking out the liquidation levels. Such a wick would also fully close the gap and enter our targeted area where we anticipate a possible reversal.
To be clear, we are not trading this bear flag pattern or the targeted area just yet. Instead, we are using this setup as a means to validate whether our bearish outlook is correct or not. We’ll continue to monitor the development closely and provide updates as we gain more clarity.
Salesforce Slumps 45% in Pre-market Trading After Earnings PostSalesforce ( NYSE:CRM ) shares plunged more than 44% in pre-market trading on Wednesday after the company reported its first quarterly revenue miss in 18 years and issued weak annual guidance. The cloud software maker's current Remaining Performance Obligation (cRPO) metric, which combines deferred revenue and order backlog, indicates slowing momentum. Salesforce CEO Brian Millham told analysts on the earnings call that the company saw budget scrutiny and longer deal cycles than usual during the quarter.
Salesforce ( NYSE:CRM ) shares trended steadily higher for 12 months following the 50-day moving average crossing above the 200-day MA in March last year to form a bullish golden cross pattern. However, since topping out in March this year, the price has fallen below the 50-day MA, with the indicator also acting as a line of resistance during a recent countertrend rally earlier this month.
Amid uncertainty over the macroeconomic environment, enterprise customers continue to spend cautiously on software. Salesforce's AI-focused data cloud business contributed to 25% of the deals valued above $1 million in the first quarter, unchanged from the prior quarter. It did not disclose more financial details about the business, which was nearing $400 million in annual recurring revenue in its last fiscal year.
Some brokerages warned that Salesforce's forecast also meant software demand had slowed further in April. The selling environment got worse from the end of March and more pronounced in April, which could explain why off-cycle names, like Workday or Salesforce, suffered more than ServiceNow or Microsoft. Salesforce could turn to large deals to accelerate growth and would consider them if they were "accretive" and had "the right metrics."
Activist investors pressured Salesforce last year to prioritize profitability, after years of growing its business through big deals, including the $27.7 billion acquisition of Slack in 2021. RBC analyst Rishi Jaluria said that investors wouldn't react well to most large deals at this point, given growth is slowing down, a big acquisition would be viewed as buying growth.
At least ten brokerages lowered their price targets on the stock following the results. D.A. Davidson's PT of $230 was the lowest among 49 analysts covering the stock.
Salesforce's Earnings Call: 4 Key TakeawaysSalesforce's recent earnings call revealed insights into its current challenges and future opportunities. Despite reporting lower-than-expected revenue and conservative guidance, the company remains optimistic. Here are four key takeaways:
1. Measured Buying Behavior : Salesforce observed cautious spending among customers, influenced by economic uncertainties, leading to elongated deal cycles and increased budget scrutiny.
2. Confidence in Fiscal 2025 Guidance: Despite weaker guidance for the next quarter, Salesforce maintains confidence in its full-year fiscal outlook, driven by strategic AI investments.
3. Data as AI Foundation: Salesforce's extensive data assets position it well to capitalize on the growing demand for AI-powered tools, enhancing its competitive edge.
4. Opportunistic M&A Strategy: Salesforce remains open to acquisitions that align with its strategic framework, focusing on shareholder value and long-term growth.
Salesforce’s Stock Surge to $298.14 AFTER EARNINGS ?NYSE:CRM
Analyzing Salesforce’s Stock Surge to $298.14
Salesforce, a global leader in cloud-based software, has recently seen its stock price soar to an impressive $298.14. This significant increase is not a random occurrence but the result of a combination of factors that have played out in favor of the company.
Strong Earnings Reports: Salesforce has consistently reported strong earnings, demonstrating robust financial performance. These positive reports have instilled confidence in investors, leading to increased demand for the stock.
Innovative Product Portfolio: Salesforce’s diverse and innovative product portfolio has been a key driver of its success. The company’s offerings, ranging from sales and service automation to marketing and analytics, have kept it at the forefront of the industry.
Market Leadership: Salesforce’s position as a market leader in the Customer Relationship Management (CRM) space has contributed to its strong stock performance.
The company’s dominance in this sector has made it a preferred choice for investors looking for stable returns.
Strategic Acquisitions: Salesforce’s strategic acquisitions have also played a role in boosting its stock price. These acquisitions have not only expanded the company’s product offerings but also opened up new markets, contributing to revenue growth.
Salesforce Set to Acquire the Data Cloud Company InformaticaIn a bold strategic maneuver, Salesforce.com ( NYSE:CRM ) finds itself at the precipice of a transformative acquisition, with reports emerging of advanced discussions to acquire data-management software powerhouse Informatica (INFA). As the rumor mill churns and investors brace for potential ripple effects, the landscape of cloud computing and artificial intelligence stands poised for seismic shifts.
The Deal in Context:
The revelation of Salesforce's courtship of Informatica comes against the backdrop of a shifting paradigm in the tech industry. The convergence of data management and AI capabilities has emerged as a linchpin for enterprises seeking to harness the power of digital transformation. Salesforce's potential acquisition of Informatica represents a strategic gambit to fortify its foothold in this burgeoning landscape.
Market Turbulence:
News of the impending deal sent shockwaves through the stock market, with both Salesforce ( NYSE:CRM ) and Informatica witnessing a sharp decline in their share prices. Salesforce's stock ( NYSE:CRM ) plummeted 7.3% in Monday's trading session, closing at $272.90, but the stock is up 0.66% on in Tuesday's early market trading with a Relative Strength Index (RSI) of 28.92 indicating a bullish uprising. The monthly price chart indicates a hammerhead pattern further accentuating the bullish thesis, while Informatica saw a 6.5% dip, closing at $35.98.
Strategic Imperatives:
At the heart of Salesforce's pursuit lies a dual imperative: bolstering its data cloud capabilities and positioning itself as a formidable player in the realm of generative artificial intelligence. With activist investors breathing down its neck, Salesforce faces the delicate task of striking a balance between growth aspirations and financial prudence.
Analyst Insights:
Analysts dissecting the potential ramifications of the deal offer nuanced perspectives. Deutsche Bank's Brad Zelnick highlights the potential for near-term dilution to growth but anticipates accretion to operating margins, underscoring the strategic calculus at play. Arjun Bhatia of William Blair emphasizes Salesforce's strategic focus on empowering customers in deploying generative AI, positioning the acquisition as a pivotal step in this trajectory.
Unlocking Synergies:
The marriage of Salesforce ( NYSE:CRM ) and Informatica holds the promise of unlocking synergies that transcend mere financial gains. With Informatica's expertise in data management complementing Salesforce's existing arsenal, the combined entity could wield unparalleled prowess in bridging disparate data silos and fueling AI adoption across enterprises.
Salesforce Sees Annual Revenue Below EstimatesSalesforce ( NYSE:CRM ) expanded its stock buyback program by $10 billion and announced a new dividend, but its annual revenue forecast that was below estimates pushed its shares down around 2% in after hours trading.
The company's downbeat forecast signals a likely slowdown in cloud and tech spending as clients struggle with high interest rates and rising inflation, making them to keep a lid on costs.
The company sees revenue between $37.7 billion to $38 billion for full-year 2025, compared with analysts' estimate of $38.62 billion.
Warnings of a slow economy prompted Salesforce ( NYSE:CRM ) to cut about 700 employees, or roughly 1% of its global workforce, last month, adding to the slew of layoffs across the tech and media industry.
"Salesforce is guiding for only 8-9% growth (for the full year), which moves it out of the high growth category. In order to make up for that, it is introducing a dividend, which is appropriate for the lower level of growth," said Gil Luria, analyst at D.A. Davidson.
However, Salesforce ( NYSE:CRM ) beat revenue estimates for fourth-quarter revenue and profit as it benefited from higher cloud spending, joining other cloud giants like Amazon.com and Microsoft.
The company reported revenue of $9.29 billion for the quarter ended Jan. 31, beating analysts' estimate of $9.22 billion.
On an adjusted basis, the company earned $2.29 per share compared with estimates of $2.26 per share.
In early 2023, Salesforce had become a target for activist investors to push for changes resulting in cost cuts, increased share buybacks and a dismantled mergers and acquisition committee.
Salesforce ( NYSE:CRM ) expects adjusted profit between $9.68 to $9.76 per share for the full-year, compared with estimates of $9.57 per share.
SALESFORCE 310 AFTER EARNINGS Strong Revenue Growth: Salesforce’s total revenue for Q2 2024 was $8.603 billion, up from $8.247 billion in Q1 20241. This consistent growth in revenue is a positive sign.
Impressive Earnings Per Share (EPS): The basic earnings per share (EPS) for Q2 2024 was $1.4118, up from $0.7562 in Q1 20241. This significant increase in EPS indicates a strong financial performance.
Positive Analyst Expectations: Analysts expect the company to report earnings of $2.27 per share on revenue of $9.2 billion2. If Salesforce meets or exceeds these expectations in their upcoming earnings report, it could provide a further boost to the stock.
Historical Stock Performance: The stock soared 12% after its last earnings report3, which could indicate investor confidence in the company’s financial health and future prospects.
CRM Salesforce Options Ahead of EarningsIf you haven`t bought CRM ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of CRM Salesforce prior to the earnings report this week,
I would consider purchasing the 280usd strike price Puts with
an expiration date of 2024-3-1,
for a premium of approximately $5.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Salesforce LONG Short TermShort term opportunity for a LONG.
Context:
Market: strong
Ticket weekly: Up wave
Ticket daily: Up wave
Ticket 1h: uptrend, consolidation (down wave)
Last day:
Gap-up open, price didn't find much support from buyers and was rejected. Rejection wasn't strong enough (price didn't reach prev day low), which shows lack of strong sellers interest.
Conclusion:
The context is still very bullish. There is a short term LONG opporunity but only if price sets hourly higher low above 289. Depending on where it happens the profit target can be either around 293 or 295 and higher
Disclaimer
I don't give trading or investing advices, just sharing my thoughts
Amazon and Salesforce Join Forces to Supercharge Prime Momentum Amazon ( NASDAQ:AMZN ) and Salesforce ( NYSE:CRM ) have formed a strategic alliance to turbocharge the momentum of Amazon's Prime program. The integration of Amazon's "Buy with Prime" feature with Salesforce's NYSE:CRM Commerce Cloud platform promises to reshape the e-commerce landscape, offering a seamless shopping experience for Prime members while presenting an exciting growth opportunity for merchants, especially those on the Shopify platform.
The Power of Prime:
Amazon's Prime program has long been a key driver of the e-commerce giant's top-line growth. With customer-friendly perks such as ultrafast delivery services, a streamlined checkout experience, 24/7 live chat support, and hassle-free returns, Prime has amassed a loyal subscriber base. The recent collaboration with Salesforce aims to further enhance the Prime experience by allowing merchants on the CRM Commerce Cloud platform to integrate the "Buy with Prime" feature into their online stores.
Enhancing the Merchant Experience:
Salesforce merchants can now deliver the full suite of Prime benefits directly from their online storefronts. The integration preserves merchants' control over their store aesthetics, enabling customization of the placement and appearance of the "Buy with Prime" experience on product, cart, and checkout pages. Additionally, sellers can seamlessly sync day-to-day operations with Salesforce Order Management, ensuring a streamlined and efficient workflow.
Advanced Features for Sellers:
The upgraded "Buy with Prime" features empower sellers to activate search and filter capabilities, enabling customers to quickly locate Prime-eligible items. The introduction of a mixed cart facility allows customers to add both Prime-eligible and non-eligible items to their carts, streamlining the checkout process. This not only enhances the shopping experience for Prime members but also presents a lucrative opportunity for Shopify merchants to expand their reach to the ever-growing Prime subscriber base.
Financial Implications:
Amazon's subscription revenues, a key driver of the company's financial performance, are expected to receive a significant boost from the growing momentum of Prime. The success of the Prime program is reflected in Amazon's stock performance, which has surged 68.5% over the past year, outpacing industry growth.
Investor Optimism and Technical Outlook:
Salesforce investors have demonstrated increasing optimism, as evidenced by the rising trend channel in the medium to long term. The stock's impressive performance since breaking through resistance at $215 indicates a positive sentiment among investors.
Conclusion:
The collaboration between Amazon and Salesforce represents a pivotal moment in the e-commerce landscape. The integration of "Buy with Prime" not only strengthens the Prime program but also opens new avenues for merchants to capitalize on the rapidly expanding Prime subscriber base.
Salesforce (CRM): New short signal from my SSG trading systemNew short signal from my SSG trading system in Salesforce (CRM). This one tends to still run a bit before going into the direction of the signal, so I would be careful if you want to directly short the stock or trade it using a CFD or something like this.
I will look into an options position later today and then update here again wether I am taking the trade.
Salesforce (NYSE: CRM) Surges on Q3 EarningsSalesforce surges on Q3 earnings beat amid 'green shoots' of cloud demand rebound.
Salesforce lifted its full-year profit forecast amid what it called 'green shoots' in demand improvement from big buyers of its cloud-focused software.
Salesforce (NYSE: CRM) - shares surged in early Thursday trading after it posted better-than-expected third quarter earnings, as well as a full-year profit boost, amid what it described as improving demand for its cloud-focused client software offerings.
Salesforce said earnings for the three months ending in October, its fiscal third quarter rose 51% from last year to $2.11 per share, just ahead of Street forecasts of $2.06 per share, with revenues rising 11.2% to $8.72 billion, just ahead of analysts' estimates of an $8.715 billion top line.
Looking into the final months of its fiscal year, Salesforce said it sees revenues in the region of $34.75 billion and $34.8 billion, an 11% improvement from last year's levels that was largely in-line with its prior forecasts. Current quarter revenues were forecast between $9.18 billion to $9.23 billion.
Full-year profits, Salesforce said, will likely improve to between $8.18 and $8.19 per share, up 13 cents at the higher end of its prior forecast, with adjusted operating margins expanding to between 30% and 33%.
Salesforce shares, a Dow component, were marked 9.2% higher in pre-market trading to indicate an opening bell price of $251.12, extending its year-to-date advance to just under 90%.
Price Momentum
CRM is trading near the top of its 52-week range and above its 200-day simple moving average.
What does this mean?
Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.