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Salesforce (CRM) - Printable Version +- ShareholdersUnite Forums (http://shareholdersunite.com/mybb) +-- Forum: Companies (http://shareholdersunite.com/mybb/forumdisplay.php?fid=1) +--- Forum: Technical trading ideas (http://shareholdersunite.com/mybb/forumdisplay.php?fid=8) +--- Thread: Salesforce (CRM) (/showthread.php?tid=11828) |
Salesforce (CRM) - admin - 03-16-2017 This from Investopedia
For instance, International Business Machines (IBM International Business Machines Corp IBM 175.81 +0.09% ) and Salesforce.com (CRM Salesforce.com Inc CRM 83.48 -0.03% ) announced that Watson and Einstein would join forces to create the biggest AI platform in the space with over a billion users per day. The move could provide the companies with a monopoly of sorts when it comes to enterprise users. From a technical perspective, traders should keep an eye on both stocks as they appear ready to breakout to new highs. CRM has the greatest momentum with its 21% rise so far this year, but IBM has outperformed over the past 52-weeks by about 8%. CRM’s stock appears poised to breakout from its all-time high of $84.48 reached back in mid-2016 with the momentum from its deal with IBM. However, the stock’s relative strength index (RSI) appears overbought at 65.49 and its MACD​ remains in a bearish downtrend, which means that traders may want to wait for a modest pullback before a breakout. 2 AI Stocks Set to Break Out to New Highs (IBM, CRM) | Investopedia RE: Salesforce (CRM) - admin - 03-20-2017 Who are we to disagree with Investopedia, but we don't see any imminent breakout upwards considering the sharp move upwards since the beginning of the year..
But perhaps they have a different time frame. In any case, you can follow what happens in the dynamic chart below:
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