Today we're looking at Salesforce.com on the 1W chart as price has consolidated into an ascending triangle. Over the past week price has broken through the horizontal resistance around $166 with a very strong weekly candle.
This ascending triangle has a price target of around $214.25 but we may see a small pullback before continuation.
If we see a pullback I expect price to find support on the horizontal chart pattern boundary around $166.
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