CRM trade ideas
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.
Salesforce - Potential break out due at 175This is my first technical analysis based on limited knowledge. I see a cup and handle pattern suggesting it may further break out in coming days
Fib Retracement on IBD 20 stock $CRMBullish Intermediate outlook indicated by DCG Alligator. Price could retrace to 0.618 level before continuing the bullish trend. Low volume on the last three 4H periods.
CRM Retest/RemountCRM has retested its prior breakout level of $165 and has now remounted itself for another push towards the high around $183.
Bullish above cloudsThe stock has just broken above the upper boundary of a rising wedge pattern and the 61.8% retracement level between Feb 2020 high (Point A) and Mar 2020 low (Point B) with a bullish candle. The Lightning cloud has crossed above the Thunder cloud and is heading upwards with narrow shape, indicating that the short-term upward momentum is getting stronger. On the other hand, the future Thunder cloud has already twisted to bullish (with yellow color now).
The daily RSI stands firmly above its neutrality level at 50% and is heading upwards. The MACD is above its signal line and 0-level, while the MACD histogram is broadening.
In these perspectives, we are positive with stock and expect it to go further upside towards $178.50 in coming sessions.
BUY SALESFORCE the market reopenningHey traders, SALESFORCE is in a very interesting moment, it is on a good bullish momentum and it is possible that it is climbing strong and high ...
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