A RARE OPPORTUNITY
Salesforce is the largest CRM software provider with a presence in over 100 countries and they power some of the largest companies globally. Fundamentally, Salesforce is a strong company, and historical financial statements are more than enough evidence for continued growth into the future.
Thursday's sell-off was an over-reaction of the market and it provided us with an opportunity to buy into the company. Technically, the share price was too risky, and a double-top profit-taking signal was bound to be triggered.
The abnormal sell-off provided us with a RARE opportunity to buy Salesforce stocks at an attractive discount. If the price breaks the shoulder line, we will add to our holdings, if the price recovers to $300, we will offload 50% of the position and let the remaining 50% run for dividends accumulation and capital gains.
Thursday's sell-off was an over-reaction of the market and it provided us with an opportunity to buy into the company. Technically, the share price was too risky, and a double-top profit-taking signal was bound to be triggered.
The abnormal sell-off provided us with a RARE opportunity to buy Salesforce stocks at an attractive discount. If the price breaks the shoulder line, we will add to our holdings, if the price recovers to $300, we will offload 50% of the position and let the remaining 50% run for dividends accumulation and capital gains.
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.