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CRM trade ideas

CRM - finally ready to move.CRM is the new MSFT (and MSFT is still the same trustworthy MSFT). Salesforce looks to have filled its earlier earnings gap up. I don't expect a wild gap up recovery from this at all, but instead a steady and healthy climb back to 250 by Mid Feb. If that seems too aggressive, $250C May 21 2021 is also pretty cheap. What makes me nervous is that CRM should have broken out of the descending wedge by now if it was going to go up. When I see patterns like this where the stock hasn't broken out, I get really nervous about a 3-5% drop.
NYSE:CRMLong
by lets_daft
BUY Signal Flashing!Today's selloff saw the validation of the $215 support line, forming a nice cup and handle formation. Expect a move back to the $230-$233 level, where again strong resistance comes in. If market continues to rally, we could see this happening within the next 2 weeks. The MACD & RSI both indicate that it is time to go long here, however, keep a look out on the current market trends. With an almost blue wave, short-term volatility is expected. But if you're investing long-term, buy the dip here! For an options trade: BTO Feb 19 2021 $230 Call ($4.8 - Low risk/High reward)
NYSE:CRMLong
by UnknownUnicorn10016235