📈 Salesforce (CRM) – From Base to Breakout
Back in 2023, CRM was trading in the $222–$233 range — a textbook accumulation zone that set the stage for what we’re seeing now. Fast forward, and the stock has broken above long-term resistance, pushing past the $375 level and heading toward key Fibonacci extension targets at $434 and $470.
This breakout isn’t just about price; it’s a case study in patience, technical alignment, and respecting the base-building process. Strong trend structure, clean breakout, and momentum all point to sustained strength — as long as the breakout holds above $346.
The lesson here?
Identify the base early
Watch for structural breakouts
Let momentum work in your favor
Markets reward those who prepare during quiet periods.
#Trading #TechnicalAnalysis #Stocks #Investing #MarketInsights #CRM #Salesforce #Breakout
Back in 2023, CRM was trading in the $222–$233 range — a textbook accumulation zone that set the stage for what we’re seeing now. Fast forward, and the stock has broken above long-term resistance, pushing past the $375 level and heading toward key Fibonacci extension targets at $434 and $470.
This breakout isn’t just about price; it’s a case study in patience, technical alignment, and respecting the base-building process. Strong trend structure, clean breakout, and momentum all point to sustained strength — as long as the breakout holds above $346.
The lesson here?
Identify the base early
Watch for structural breakouts
Let momentum work in your favor
Markets reward those who prepare during quiet periods.
#Trading #TechnicalAnalysis #Stocks #Investing #MarketInsights #CRM #Salesforce #Breakout
Nota
Above note is for the future :D
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.