Salesforce: An Expected Upward Price Movement

Today we could expect an upward price movement, climbing towards its resistance level at around $175.

Today’s instrument is Salesforce Inc.‘s stock traded on the NYSE exchange under the ticker CRM

Looking at the CRM‘s chart, we see that it has been a rough month for the company, reaching its 52W low of $154.55 despite the better-than-expected quarterly results announced last week. Today we could expect an upward price movement, climbing towards its resistance level at around $175.

(Click on image to enlarge)

Salesforce.com Inc.


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