CRM is looking at a potential strong bullish continuation after the stock has broken out of the bullish flag with a huge bullish bar with the support of a spike in volume. Furthermore, the stock has been in an uptrend channel since Dec 2022 and it is likely to continue higher. Hence, we are adding on to a buy position on CRM with near-term target price of 408. Should correction happens, the next support will be at 297 and 316. Momentum is stable in the mid-term after stochastic may potentially cross right above the mid-point line. 23-period ROC has been rising and has broken past the 50-line. Directional movement index is showing early signs of the rise in bullish strength.
Dagangan ditutup: hentian tercapai
Close this as bearish correction is stronger than we expected
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.