Technical Analysis Of Salesforce Inc. - Wednesday, May 31

By AAATrade of aaatrade.com

Wednesday, May 31, 2023 5:45 AM EST

red and blue light streaks

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

Looking at Salesforce’s chart, we can see that it is in an uptrend, and it was lastly traded at around $218.85.

Today CRM is announcing its quarterly earnings and if the market’s anticipation is positive then it could test the 52W high at $222.14 and if it is able to pass that level, then it could reach a new 52W high. On the other hand, it could test the support level at around $198-200.

(Click on image to enlarge)

AAATrade's Intraday Technical Analysis of Salesforce Inc. - 31/05/2023

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