Salesforce is now moving on an upwards trendline parallel to a previous one.
At the same time, the trend is Bearish, which makes room for a Triangle formation.
Overall, it looks Bullish on the short-term, while keeping an eye on which side of the triangle it will break out.
By instinct, I would say upwards, but let's wait to have data before taking a decision.
At the same time, the trend is Bearish, which makes room for a Triangle formation.
Overall, it looks Bullish on the short-term, while keeping an eye on which side of the triangle it will break out.
By instinct, I would say upwards, but let's wait to have data before taking a decision.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.