Falling Wedge- Bullish
- Keeping a close eye on CRM here as its finally starting to break out of this falling wedge it's been holding for quite some time now. Big increase in buyer volume relative to seller volume as shown on the RSI with some slight bullish divergence on the daily timeframe, and some more bullish divergence on the weekly timeframe (See Attached Chart Below).
- CRM closed out the week reclaiming its 20-Day SMA while also testing the upper trend line on the falling wedge it's been holding. On top of all that, CRM's EMAs are starting to curl upwards, with multiple gaps to fill on the upside heading into earnings, all signs pointing towards a breakout.
- Bullish and will be looking for a breakout from this wedge (Broader Market Conditions Permitting)- Just some support and resistance levels to watch along with some RSI-based supply and demand zones to keep an eye on in the meantime
--Weekly chart & Price Targets Attached Below--
PT1- $192.54
PT2- $196.23
PT3- $202.72
PT4- $205.18 +
--Weekly Timeframe--
https://www.tradingview.com/chart/CRM/qTg6QTxP-CRM-Falling-Wedge-Weekly/
- CRM closed out the week reclaiming its 20-Day SMA while also testing the upper trend line on the falling wedge it's been holding. On top of all that, CRM's EMAs are starting to curl upwards, with multiple gaps to fill on the upside heading into earnings, all signs pointing towards a breakout.
- Bullish and will be looking for a breakout from this wedge (Broader Market Conditions Permitting)- Just some support and resistance levels to watch along with some RSI-based supply and demand zones to keep an eye on in the meantime
--Weekly chart & Price Targets Attached Below--
PT1- $192.54
PT2- $196.23
PT3- $202.72
PT4- $205.18 +
--Weekly Timeframe--
https://www.tradingview.com/chart/CRM/qTg6QTxP-CRM-Falling-Wedge-Weekly/
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.