📈 Salesforce (CRM) – From Base to Breakout
Back in 2023, CRM was trading in the $222–$233 range — a textbook accumulation zone that set the stage for what we’re seeing now. Fast forward, and the stock has broken above long-term resistance, pushing past the $375 level and heading toward key Fibonacci extension targets at $434 and $470.
This breakout isn’t just about price; it’s a case study in patience, technical alignment, and respecting the base-building process. Strong trend structure, clean breakout, and momentum all point to sustained strength — as long as the breakout holds above $346.
The lesson here?
Identify the base early
Watch for structural breakouts
Let momentum work in your favor
Markets reward those who prepare during quiet periods.
#Trading #TechnicalAnalysis #Stocks #Investing #MarketInsights #CRM #Salesforce #Breakout
Back in 2023, CRM was trading in the $222–$233 range — a textbook accumulation zone that set the stage for what we’re seeing now. Fast forward, and the stock has broken above long-term resistance, pushing past the $375 level and heading toward key Fibonacci extension targets at $434 and $470.
This breakout isn’t just about price; it’s a case study in patience, technical alignment, and respecting the base-building process. Strong trend structure, clean breakout, and momentum all point to sustained strength — as long as the breakout holds above $346.
The lesson here?
Identify the base early
Watch for structural breakouts
Let momentum work in your favor
Markets reward those who prepare during quiet periods.
#Trading #TechnicalAnalysis #Stocks #Investing #MarketInsights #CRM #Salesforce #Breakout
Nota
Above note is for the future :D
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.