Potential Short Sell: CRM - Salesforce.com
A strong resistance line at RSI 38 in the daily chart. Price break away from priceline indicate a strong bullish momentum.
A potential chance to sell short will be when the RSI re-bounce away from the 38. Since the price already break away from priceline, a new priceline and RSI resistance might be created in the next few weeks (which means RSI 38 will no longer be the RSI resistance) and short sellers have to determine a new resistance for entry. From then on, price will decelerate at a rapid speed and a trailing stop-loss (around 10%) will be a good strategy to maximize profit target.
*Above mentioned is only my own opinion. Please bid at your own risk should you take in my idea. Thank you and have a nice week! =)
A potential chance to sell short will be when the RSI re-bounce away from the 38. Since the price already break away from priceline, a new priceline and RSI resistance might be created in the next few weeks (which means RSI 38 will no longer be the RSI resistance) and short sellers have to determine a new resistance for entry. From then on, price will decelerate at a rapid speed and a trailing stop-loss (around 10%) will be a good strategy to maximize profit target.
*Above mentioned is only my own opinion. Please bid at your own risk should you take in my idea. Thank you and have a nice week! =)
Emir iptal
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.