Salesforce Pre-Earnings Buy
Zaktualizowano
Hello Traders!
Salesforce earnings are on its way Dec. 1st.
I feel as though CRM still has room to run towards my two entry points.
Entry #1: I don't want to miss the bullish run so I have a riskier entry here.
Entry #2: This entry will be if I decide to take a less riskier approach if I don't feel like the odds are in my favor at the open.
CRM is approaching the oversold on the RSI so I am waiting to see bearish weakness. Patience its not there yet.
My first price tsrget will be a test of the 50EMA. Then the resistance level at $270. I will be selling my contracts should I decide to enter before earnings are announced.
DISCLAIMER: I am not a financial advisor and all charts posted are for educational purposes only.
Salesforce earnings are on its way Dec. 1st.
I feel as though CRM still has room to run towards my two entry points.
Entry #1: I don't want to miss the bullish run so I have a riskier entry here.
Entry #2: This entry will be if I decide to take a less riskier approach if I don't feel like the odds are in my favor at the open.
CRM is approaching the oversold on the RSI so I am waiting to see bearish weakness. Patience its not there yet.
My first price tsrget will be a test of the 50EMA. Then the resistance level at $270. I will be selling my contracts should I decide to enter before earnings are announced.
DISCLAIMER: I am not a financial advisor and all charts posted are for educational purposes only.
Anulowano zlecenie
Never entered the Trade. Didn't like price action. It was my first time looking and marking up CRM so I overlooked a lot of things. On to the next trade!
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