CRM has a rising wedge, to the left, that consists of a bottom trendline that has not been broken. Rising, narrowing wedges are not valid until the bottom trendline is broken. Unfortunately, I have not seen one that was not broken eventually. Look to the far left.
This is looking like it will go under 190. But who knows?
Price is at the 100% mark from a fall from an ugly top. Price can fall less or more than 100% from an ugly top. There are some bottoms that looked sturdy that have not held and may not hold. CRM has surpassed most of them.
My next alert is at 191.
No recommendation.
This is looking like it will go under 190. But who knows?
Price is at the 100% mark from a fall from an ugly top. Price can fall less or more than 100% from an ugly top. There are some bottoms that looked sturdy that have not held and may not hold. CRM has surpassed most of them.
My next alert is at 191.
No recommendation.
Note
Stop dragging my heart around!Note
There are several bottoms that may hold as supportNote
2-23May be time to look for the next level of support. CRM has bypassed some important support levels.
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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.