You can use Adobe to make $DOGE memes.If a car is a meme, and the gas is $DOGE, then the highway is Adobe.
Create memes of meme coins, but first, load up on some $ADBE. You should invest in the tools you use.
The bars pattern here is from $FTNT... they're all in the same tech basket. $FTNT is leading, $ADBE $CRM and others are following.
Salesforce
Buy $CRM - NRPicks 07 MarSalesforce.com, inc. develops enterprise cloud computing solutions with a focus on managing customer relationships around the world.
Last week announced quarterly results that exceeded expectations, producing revenue growth to keep the company at the pace of CEO Marc Benioff's goal of $35B by 2024.
Salesforce generates healthy free cash flow, more than 19% free cash flow margin last year, even when Benioff and the company increased spending during the pandemic.
Technical:
Low levels of RSI- Oversold
Price below MA20,MA50,MA100 andMA200
CRM IdeaCRM is down over 30% since its its all-time highs in September is down over 18% since mid-February.
CRM is somewhat risky considering its aggressive valuation however, with the digital transformation of the economy and major shift into cloud services this company's long term potential can't be ignored.
CRM holds a 20% share of the global CRM market which is larger than those of its four largest competitors combined (Including Adobe, SAP, and Oracle).
CRM salespitchCRM morning gapper here on this spectacular March 8 Monday morning. Playing ping pong off that channel, can it retest the upper trend line and potentially break though? Who cares, I'm entering calls at open for a decent risk reward play here... Good luck trade safe!
Let me know your thoughts!
Thank you
Salesforce Strategies for Options$CRM. Earnings rose 24% from a year earlier while revenue climbed 20% to $5.82 billion. But its fiscal 2022 EPS target lagged, according to Investors.com
Volume price profile looks good, with POC (point of control being at $226).
Great buying opportunity if it bounces off of $216 Fibonacci.
Strategy: selling put spread below 215/210; buying vertical spread 225/230.
Depends on your outlook for the market in the next 3 months.
Happy Trading, from CJ -- aka the greatest FURU.
To find out more about The Ultimate Stock Indicator on Tradingview, please check my public profile. 🚀🚀🚀🚀
☁️ 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.
Salesforce: The Force Awakens 💪In the vast emptiness of the universe, the Salesforce was long subject to much darkness, but it finally regained enough strength to explore new galaxies! In other words, the Salesforce stock has been within our designated target box for long enough after some months of decline. Now, it is time for the stock to leave the mark of $212.99 behind and push for a bullish offensive. According to our calculations, the stock should approach $284.47 and eventually exceed this mark!
May the force be in your portfolio!
Salesforce - more weakness ahead?NYSE:CRM is another vulnerable short opportunity with promising entry right now. Expensive stock with market cap above $200 bln, P/E > 100 and P/S >10, which topped exactly after being added to Dow Jones in late August and trending down since then on poor relative strength.