Looks like
CRM
could be in a uptrend regression channel.
If this is true, a possible price target might be 0.618 Fibonacci which is ~324$ or ~+10%
Stop loss: 269$ or -8.5%
==> risk/reward ratio a little bit better than 1:1 is not very tempting - so I don't recommend to enter the trade now.
If you're long already you might want to hold for more profit.
This is not financial advice.
CRM
could be in a uptrend regression channel. If this is true, a possible price target might be 0.618 Fibonacci which is ~324$ or ~+10%
Stop loss: 269$ or -8.5%
==> risk/reward ratio a little bit better than 1:1 is not very tempting - so I don't recommend to enter the trade now.
If you're long already you might want to hold for more profit.
This is not financial advice.