Salesforce Inc Descending Triangle Spotted 28.05.2024- Descending triangle pattern identified on 4-hour chart of Salesforce Inc (NYSE: CRM)
- Downtrendline rejection at $311.62, rejecting price at $290.22 after retracing from $267.92
- Downtrend continued to $267.92 before rejection, current price at $272.45
- If support rejection holds, high chance of price ascending to downtrendline
- If downtrendline breached to upside, strong possibility of further price appreciation
- If support rejection breached to downside, high chance of further price depreciation
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