CRM trade ideas
$CRMI would like see the current high 196 taken out before i enter into a trade.
The rectangle above the cup has to be broken as resistance is felt in that area.
The stock is above 200 EMA and 50 EMA is above 200 EMA
so even at 196-198 levels a good $40 move very much possible with stop loss being the lower rectangle around 182 184 levels.
Also waiting for Stochastic RSi to turn upside for a better conformation with a red to green bar.
CRM - Short-Term PutNothing new with the long-term mindset. Our calls back in the beginning of the month have come quite far.
Look for CRM to dip down to the 180 support.
We've got a trend line dating back to March 16 that should help us gauge if a new trend is forming.
We're at ATH so wouldn't be surprised if it does break the trend line and hover in the 180 to 195 area.
Still super bullish on Marc and the Salesforce team.
Cup & HandleCRM is so close to breakout and yet so far!
Hypothetical trade....
Entry over prior high which is 195.85 (stock in overbought in daily time frame)
Stop below 188
Target 1: 245 to 260
Target 2: 300 to 325
This is not one I would jump in early on (o:
CRM to hit the ATH!Hi again. Going long CRM at 187.27 with a target of 196.00. Good looking formation!
Salesforce $CRM "cup w handle"$CRM has just cleared $184.80 handle buy point yesterday. RSI broke the trendline too and the volume was more than average.
12 months Consensus Price Target: $198.50
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Long cloud Play CRMAs long as this does not break the channel and spy stays above 300 i am going long with 180 calls Or spreads...we are heading to test the 618 in the next 30 days. Waiting to Load up on June 26 180/185 bull spreads. Opposite this if channel breaks. Cloud plays getting attention on Cramer and CNBC.
CRM +43% 7/17 @185cWe bought back on the 1st and averaged down on the 5th.
We're now sitting pretty up a cool 43%.
Still believe in Marc and the force.
BUY BUY BUY
Long CRMCRM has formed nice symmetric triangle. Keep an eye on this one to break to the upside. Target price $190-$195.
Salesforce CRM Call - 7/17 @185Hola,
Salesforce keeps making the right decisions.
We can see our 25 EMA had a healthy break-through of the 200 MA.
Benioff has rallied the SF community behind them.
CRM - CONNORS RSI(2)NYSE:CRM
RSI(2) MENUNJUKKAN MENGHAMPIRI PARAS 10 (OVERSOLD).
PELUANG UTK "LONG", SESUAI DIMASUKKAN DALAM WATCHLIST.
CRM Bullish (ER Run Up)Symmetrical Triangle + Bullish Channel (Time Frame Confluence) + Momentum
I'm expecting CRM to continue in the bullish channel up to a price target of 189.98 (Supply Zone) before seeing a big pullback. No loss of bullish momentum yet but will wait for a break above 180 before entering Long.
