A follower asked about CRM chart, so here it is. Salesforce been in a down sloping parallel channel since September of last year. If you flip to the weekly bars, the pullback looks like a bull flag after a big rally from March 2020 bottom. That said, the decline from the highs is about 30% which is a bit deep to my likings. Also, if you have been following me for a while, this type of trading is not my style. The stock is trading around the bottom of the channel, so the more probable scenario is a bounce attempt back to the upper channel boundary. A trade could be taken here with a stop below the low from few days ago.
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
✔ Follow me on Twitter @taplot - twitter.com/TaPlot ✔ YouTube channel youtube.com/@taplot
يعمل أيضًا:
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.