CRM trade ideas
Short it 50ma and 200 ma (Purple line gold line) is showing a death cross.
Double top at 207 (Yellow line) which is also its last line of support before target
channel bottom (Redline)
CRM longThis play is gonna take a while, but its going to be worth it. Will be going long-on Monday by grabbing 1/22 calls :)
Salesforce - end of the downtrend?$CRM possibly ending the downtrend (red channel) and continue to recover (green channel).
CRM Back Up And Running Soon?As our world proceeds to grow, we will have more people using online shopping as a convenience, many car companies are using CRM and so do tech companies.
CRM has tremendous growth according to how their financials look, CRM is projected to grow their sales for another $9B by 2023.
This position has recently been eating dirt since hitting the 280$ area and is now sitting at 210$ today.
CRM will most likely be working with more companies and I would not be surprised if they started to work with companies who do cyber security either.
I am bullish on CRM and I think we can push back up to 230$ ~ 250$ area and consolidate there.
NYSE:CRM
What do you think?
$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 - 4/16 - PT 226+Looking to break through 20 SMMA for more upside
broke out of lower downtrend channel and found support at resistance level
226+ PT
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.
CRM at Support and Supply zone on long term trendline - Bullish CRM in a short term Anchored VWAP pinch, at long term support from pre ER gap up last August. Entering supply zone here. Looking for longer dated calls to catch full move into next ER. Will be scaling in to this one with June calls.
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).
SalesForce (CRM) Great Entry Point!SalesForce (CRM),D1: Mirror level + Bollinger bands + Spinning Top + Dragonfly Doji + Oversold + Discount.
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
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
CRM (NYSE) - If break up, u can buy
CRM Stock 09/03/21 Analysis 4H ChartNYSE:CRM (SALESFORCE: CRM )
- Trend Analysis -
📑Value: 8/20
📈Growth: 16/20
💰Profitability: 20/20
🚀Momentum: 6/20
💸Earnings: 8/20
🖇️Total Score: 58/100
$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.
MAYBE It's Time to Buy SALESFORCE!Like, comment and subscribe to boost your trading!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
