Due to continued downward pressure, Salesforce has made further progress in realizing our primary scenario. During the ongoing green wave [3], we still expect the stock to sell off below the support at $274. However, if the price imminently climbs above the resistance at $312, we will have to reconsider the structure of the ongoing decline and reckon with a magenta five-wave downward move. We currently assign this alternative scenario a 36% probability.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.