SALESFORCE.COM INC

CRM NYSE

Moshkelgosha

Salesforce closed below its 200 EMA for the second day! Making a bearish channel + rapidly decreased earnings and No significant increase in revenue in the last 3 quarters makes it crystal clear that Salesforce will go down more. The question is 10% or 25% and how fast that is going to happen? Most Gaps will be filled in the future! CRM has just filled its own

tradingwizard999

If price retraces to 200-190, then it is good long term buy opportunity. The reason behind it is following confluences: 1. FIB 50% retracement; 2. Monthly 20 EMA support; 3. Weekly demand zone; 4. 200 is good psychological number.

HR_D

Salesforce is offering a good entry at these levels. Area below offers different psychological support thresholds. CRM topped latest earnings estimates but missed 2022 FY profit and free cash flow guidance. This moved the stock down, coupled with the market shake-off of the last days. CRM has shown 3Y EPS Growth rate of 34% and 3Y Sales Growth rate of 27%. The...

SwingingForward

#swing

Tomasgei

Hi guys, NYSE:CRM on weekly formed perfect bullish flag. Now it is on top of the channel created bearish price pattern and very nice short opportunity with target at $200. From long term perspective price range from 190 - 200 seem perfect sweet spot to long entry on this weekly bullish flag. Happy trading! If you like the idea, do not forget to support with a 👍...

lauralea

CRM appears to have been in a fat rising wedge, gapped up when added to the Dow, then experienced some definite issues at the top. It was a very long impulse leg up. Currently, appears to be in a channel up after breaking upper trendline of a bullish falling wedge. The orange and green arrows are where price broke bollinger bands set with an 80 moving average...

StockPickingEnthusiast

Opinion only.

autistic_J3di

Projected paths to 280 based on fib levels

wfmgift7

As 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.

AriWode

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Verum0

CRM morning gapper here on this spectacular March 8 Monday morning. Playing ping pong off that channel, can it retest the upper trend line and potentially break though? Who cares, I'm entering calls at open for a decent risk reward play here... Good luck trade safe! Let me know your thoughts! Thank you

NRPICKS_

Salesforce.com, inc. develops enterprise cloud computing solutions with a focus on managing customer relationships around the world. Last week announced quarterly results that exceeded expectations, producing revenue growth to keep the company at the pace of CEO Marc Benioff's goal of $35B by 2024. Salesforce generates healthy free cash flow, more than 19% free...

ChimpCapital007

//" we'll see all time highs again." -chimp

Alwynjo

CRM Seems to be LONG Above 213 Confirmation Once MACD turns Green Stochastic Turns towards upside Market Should be green too I am on 2022 leaps starting position 1 Let me know your view

lauralea

Bollinger bands are tilting down )o: It is weird how the bands flow with price. There is a rising wedge below price. I never thought CRM would go back to that wedge but a line of red candles beg to differ. Price has not broken the bottom trendline of the bands set on an 80 moving average as of yet. There will be gasps for air..and who knows, selling may...

rarePepper28510

I don't have confidence in Salesforce. I haven't taken these options yet, might still update the strategy. It NEEDS to break it's support level before I take the trade.

EPSMomentum

The PEAD projected a neutral outlook for $CRM after a negative under reaction following its earnings release placing the stock in drift D If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.

StockPickingEnthusiast

CRM Chart Update (Log)