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CRM: Could be breaking out of the consolidation soon!

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Price broke out of a down channel back in beginning of May, and it went into a consolidation for coming to 2 months.

CRM will be reporting their Earnings on 25th, and price could gap up.

Stop loss can be placed below $237 .
Target will be at $270.

Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.

If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Not
Basing on the 1H chart, looks like there are a lot of sellers being trapped. Volume isn't confirming this morning's selloff.

Might be a good time to enter now
İşlem kapandı: hedefe ulaştı
Nice gap up yesterday!

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.