Salesforce "Stocks To Consider For Purchase"A very compelling new fundamental evaluation
by Trader debeburn of Salesforce, the cloud computer growth stock
caused me to literally go to CRM chart,
and see if there were also confirming technical evidence
that could support a powerful stock advance in 2019
What I found there was also equally compelling.
Salesforce recently had a "selling climax purge bottom"
down to the 113 level in late November,
before rallying back sharply into early December,
establishing a clear Bottom on the chart.
By my reading of the Salesforce chart,
if the fundamental explosive growth potential in the company develops as expected,
and the overall market were to mount a recovery effort in 2019,
then Saleforce chart suggests a potential intermediate target of $200 a share.
A breakout near term above 140.50 near term could be very bullish for this stock.
Keep your eye on this companies cutting edge market leadership
from cloud computing that could power Salesforce
from a corrective price basing technical bottom in late 2018,
to EXPLOSIVE market leadership and growth,.. for 2019.
CRM Last 137.27
THE_UNWIND
12/11/18
NEW YORK
