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TOPIC: CRM

CRM 26 Nov 2012 14:56 #1

  • Elena Saratov
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Gapped down nicely on the open. Shifted stop to 158 to try and protect profit here.

Came back
Been stopped out but made some profit.
May re enter higher as this company is valued far away from reality.
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CRM 23 Nov 2012 17:14 #2

  • Elena Saratov
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Remo,

I am using this trade to learn. I opened a SB via a limit order at 159.00 which was a mistake. Looking at previous attempts the 160 has always been broken. The support level via my chart was 159.50

But I am in it and you have encouraged me to increase my stop. My target is 120 with a interim target of 143.

Thank you for your chart.
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CRM 23 Nov 2012 16:34 #3

  • remo
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160.60 is strong resistance from that trend line. worth a short on first attempt only.
Have a 5 dollar stop or if your really brave then 2 dollar stop
dyor
Information Purposes Only, Do Your Own Research
remo
Last Edit: 23 Nov 2012 16:36 by remo.
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CRM 23 Nov 2012 14:04 #4

  • Elena Saratov
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Salesforce is approaching a major resistance point after gapping up yesterday.

I have major resistance at $159.52c

It failed at this level on the 5th October, 14th september and 3rd may.

Is this a good place to go short?

It is a US listed stock.
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