The Long Investor
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$CRM - WATCHLIST -
🕑 Added 2025-02-13 14:12:29 +0000 UTCThe morning scan has caught this set up and it does look very good.
Price has broken above the blue line at $318, which was the top of consolidated range since 2021, and now we have a retest of this level leading into earnings next week on the 26th of Feb, the pull back now is the concern that they miss on earnings again, as they did in December....but up until this point, they have not missed on earnings as far as records show back to 2017....so this could be a once off event.....and their miss was a miss on EPS by 1%....very little.
So a hold above $318 and the next target is the 1.618 Fib at $524 for me.
Comments
Shailesh Patel
Google, MSFT, and AMZN all showed slowing in cloud growth, CRM said they are not hiring engineers this year, all these flagging me RED about earnings
Kapil Pandey
Have a small position in this. So far gaining. :)
Millie Leung
Nice! CRM is definitely on my watchlist. Thanks Cap!
