CRM Gap Filled
The market has been having a brutal past few days so this trade carries a bit more risk but the alert fired today for a buy so going to stick with my system.
After posting a really solid ER a few weeks back
CRM gapped up. I'm long term bullish on software that provides core services to businesses. I think even with a recession it's going to be tough for business to be able to pivot away from services that are tightly integrated into their workflow.
CRM Guru Focus Stats:
CRM hasn't popped up on my screener just yet so I'm cautious on this buy and don't plan on making this a large holding. I purchased 2 shares with the intent of selling one if we receive a bounce on the gap fill. It's also come down nicely to a .618 fib from the most recent low to high.
Current Positions:
1 SPY 398.16 CB
2 CRM 167.78 CB
You can also follow along with my TraderSync public profile
Affiliate Link: TraderSync Affiliate
After posting a really solid ER a few weeks back
CRM gapped up. I'm long term bullish on software that provides core services to businesses. I think even with a recession it's going to be tough for business to be able to pivot away from services that are tightly integrated into their workflow. CRM Guru Focus Stats:
- GF Score 88/100
- GF Value Rank 8/10
- GF Value: 269.82 Significantly Undervalued
CRM hasn't popped up on my screener just yet so I'm cautious on this buy and don't plan on making this a large holding. I purchased 2 shares with the intent of selling one if we receive a bounce on the gap fill. It's also come down nicely to a .618 fib from the most recent low to high.
Current Positions:
1 SPY 398.16 CB
2 CRM 167.78 CB
You can also follow along with my TraderSync public profile
Affiliate Link: TraderSync Affiliate
ملاحظة
CRM approaching the top part of the gap this morning. Looking to sell half the position, 1 share, and hopefully lock in about 3%-5% gain on that half.ملاحظة
Out half at $176.97 for a 5.5% return
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.