ContraryTrader

Crm lost 250 support

NYSE:CRM   Salesforce
Headed back to trendline around 235. 250 was significant support, and new target should be around 235... I've said it before and I'll say it again, the bubble has popped on tech. How can a blue chip stock like CRM lose 25% in 1month with no end in sight? i think the final target will be 200$. if you step back you'll see a H&S on my chart. I'll give you a hint, 250 is the neck line😉

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