$CRMThis is what i see at the moment, price needs to come down to my (POI) zone for me to OPEN a position, if it brekas below the stoploss i'm out. Other than that chart is self-explanatory.
P.S. Market is very volatile at the moment so my analysis might not work, eitherway do your own DD before investing.
Trade Safe.
CRM trade ideas
CRM swing trade opportunity at $215Summary
CRM ( Salesforce.com Inc ) has short-term upside potential and is a good swing trade buy.
Downside
No dividend
High-end competitors are titans of industry as well like Microsoft, Oracle, and SAP while low-end competitors for small-and-medium-sized businesses include Freshworks and Zoho
Upside
About as "boomerish" as they come for Tech companies (without a dividend), in business for 20+ years
Dozens of Analysts following and pricing on TipRanks
Consistently positive revenue, gross profit, and operating income trends since 2015*
Every company I have been employed by or contracted for with >2 employees uses for customer relationship management (or more)
*all asterisk details based on MacroTrends summary of 10-K documents
Technical Indicators
RSI at 45 or below since sell-off mid-February 2021 with lows below 30 in early March
MACD histogram approaching zero as price finds support in the $210 range
Closing price, 20-Day SMA, 5-Day EMA, and 10-Day EMA are all beneath the 200-Day SMA
TipRanks median price target is $280, which is about 31% higher than last closing price on Tuesday March-16, 2021
Conclusion
CRM is a long swing trade opportunity with a conservative price target of $245.
CMR SALEFORCES I wanted to update my bet over CMR
Heinki Ashi candles ´s type are ideal to spot a trend reversal
Heinki Ashi filter noise and false break out
CMR
on a reversal trend
Slowly but secure.
this my other bet,
excelent momentum for a rentable interprise,
my expectation is to reach, $235/$250, the stocks historic max. is near $280 on the Tech sector this one as strong fundamentals, nice profits.
as always investing is risky that ´s just my opinion.
I also think April will be great for stocks, year over year March use to be a bad month
ask for professional advice if you are not sure on what you are doing.
f.
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).
CMR SALEFORCESSlowly but secure.
this my other bet,
Herdera HBAR at first with no doubt (i think this one can make me Rich)
AG Firs majestic (Risky but good looking overall)
CMR, (can make growth buying power )
This are all probabilities, if you ´re not sure contact a professional for advice, that ´s just my opinion here, which i like to share. (disclaimer :-) sorry but is the law )
CMR: excelent momentum for a rentable interprise,
i expectativas to reach, $250, the stocks historical max is near $280 on the Tech sector this one of the best fundamentals that i have found,
The Gap as been filled March is historically the weaker month for stock now we have to wait to April for a big general growth,
Charlie.
Good Luck!!!
CRM (NYSE) - If break up, u can buyGreetings
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Strategy
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CRM (NYSE) - If break up, u can buy
$CRM slowly trending down in the channelAs per my last post CRM exactly reached the peak and traced down. I think this is a continuous downward trend both in the micro and macro terms. Interest rates will rise, sales will be under pressure, profits from Slack will also be impacted. A major downward movement doesnt seem to be possible but dont expect too much upside action.
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
OUCH! Rising WedgesBollinger bands are tilting down )o: It is weird how the bands flow with price.
There is a rising wedge below price. I never thought CRM would go back to that wedge but a line of red candles beg to differ. Price has not broken the bottom trendline of the bands set on an 80 moving average as of yet. There will be gasps for air..and who knows, selling may exhaust soon.
Rising wedges are formed due to FOMO, fear of missing out, and people buy, buy, buy. This ultimately affects supply and demand and is bearish for the security. Rising wedges are caused by overeager buyers. It is a terminal pattern and is caused by irrational exuberance.
Worrisome that CRM did not find support at the top or bottom of prior gap. CRM also broke down from a channel up.
Rising wedges will bite you just about everytime.
No recommendation.
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