CRM Short? Risky $150 Strike Put Option?So, CRM traded After Hours yesterday around the low $148s after earnings until all the Analysts upgraded their price targets this morning.
That said, the stock opened at $153~ish. Well I think the first A wave down is still on going and we will be heading to the C wave of the first ABC (A), i'm thinking its going to be a 3-3-5.
That said, Friday, I am looking for a price target of under $150 in the morning.
Maybe this is crazy but it is what I see.
Bear Flag just broken at end of day? (ABC)