SalesforceLong
Salesforce (CRM) Shows Strong Momentum - Potential for upside
Given the strong bullish momentum and the current technical setup, Salesforce (CRM) appears to have potential for further upside. Traders should watch for a break above the $346.00 resistance level, which could signal a continuation of the upward trend. However, it's important to monitor key support levels to manage risk effectively.
Trade Idea:
Entry: Consider entering a long position if CRM breaks above $346.00 with high volume.
Target:
360.00
(
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n
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a
l
t
a
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e
t
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360.00(initialtarget),368.17 (secondary target)
Stop Loss: Set a stop loss below $330.50 to protect against potential downside risk.
Trade Idea:
Entry: Consider entering a long position if CRM breaks above $346.00 with high volume.
Target:
360.00
(
i
n
i
t
i
a
l
t
a
r
g
e
t
)
,
360.00(initialtarget),368.17 (secondary target)
Stop Loss: Set a stop loss below $330.50 to protect against potential downside risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.