Salesforce
Long

$CRM – SALESFORCE.COM INC // LONG

864
CRM bounced nicely around .382FIB level. Currently oversold. Apparently, WS hates the Slack Technology deal (WORK). CRM after the news, lost around 40B in value which is more than the value of WORK. IMO it is an overreaction and CRM will benefit from the consolidation of both businesses.
Stop-loss and targets are given in the chart

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.