I put a trade on this last week and was stopped out rather quickly. (I'm not giving my entries much room on the downside right now.)
CRM looks to have broken out again from this descending wedge. However, I want this to clear the $250 level before I consider an entry. Market will also need to be good. Ideas, Not Investing / Trading advice.
Trade active
Opened @ $252.10 - Stop below today's low. This has popped on pending news. CEO to make announcement on CNBC. High risk trade. I may jump right back out.Trade closed manually
10/6 Closed trade because of market weakness. I like this name on a fundamental level and will continue to look for trade signals.Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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.