Salesforce, Inc.
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$CRM Long Setup – Coiling at Support with Breakout Potential

735
Salesforce (CRM) is consolidating just below the Ichimoku Cloud and building a base around the $265–$270 zone. The MACD is showing early bullish crossover signals with momentum starting to shift, and the price action suggests a coiled spring setup. After multiple tests of the $265 area and a failure to break lower, bulls may now have the upper hand.

The current setup offers a favorable 2.22 risk/reward ratio:

Entry: $269.90
Stop: $257.61 (below recent range lows)
Target: $297.23 (recent swing high + pivot zone)
A clean breakout above $275 could trigger a sharp move into the $290–$300 range. This is a measured, low-volatility breakout setup with a 2–3 week swing timeframe. Risk is tight, and the structure looks healthy if buyers step in above resistance.

Let me know if you’re long here or waiting for confirmation on volume.
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I bought some more today
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Trading closed. Taking the 3.95% profit and looking elsewhere.

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