SALESFORCE $CRM | STRONG TREND UP TO EARNINGS Dec. 3rd, 2024

SALESFORCE | STRONG TREND UP TO EARNINGS Dec. 3rd, 2024

BUY/LONG ZONE (GREEN): $338.75 - $400.00
DO NOT TRADE/DNT ZONE (WHITE): $331.00 - $338.75
SELL/SHORT ZONE (RED): $250.00 - $250.00

Weekly: Bullish
Daily: Bullish
4H: Bullish
1H: Bearish

releases earnings today, Tuesday Dec 3rd, after market close. Price ranges up to previous earnings on Aug 28th. This range finally breaks out and creates a bullish trend that has held strong leading up to today's earnings. High timeframes show bullish trend (my trend determining indicator), along with current chart trend bands (my channel/bands directional bands). ATM Straddles suggest the expected move to be around 7.25%, or $24.00 in either direction. This is on pace with it's average and historical earnings moves (previous 8 - 12 quarters).

My estimated moves:
Downside: ~$300
Upside: ~$360
(30-45 DTE)

This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!

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注释

I have linked to this post as well, as they will release earnings in the same session.

注释

has released earnings and smashed through my target at $360, up to $366 at time of screenshot.

Price initially touched $360, pulled back, and has since continued past my level at $360!

1H View: