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Gooby_Trades
Jun 7, 2022 2:49 PM

CRM False Breakout. Incoming Retest of Recent Lows. 做空

Salesforce, Inc.NYSE

描述

CRM's breakout of its medium term downward channel looks pretty weak. Volume is slowing, while weekly and monthly timeframes are signaling strong negative momentum. The trend for CRM (at least in the intermediate term) is downward. I'm calling for a move down to the recent low of 154.60. Most likely there will be lower lows formed after this retest for CRM but we will have to wait and see.

This is not trading advice. Good luck!
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