lauralea

Cup and Handle

NYSE:CRM   Salesforce
Earnings were obviously well received.

Price has not reached long entry level (EL) but it is knocking on the door.

Price much surpass the left side, or the sell side of the cup.

I have noted as of late after a big price move in one day, it is best for me to sell and take the profit.
Nothing is ever predictable but until this reaches EL, this is a neutral pattern.

No recommendation/Price is just above the .618 of the trend up. Short is just over 1%.
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