Due to continued downward pressure, Salesforce has made further progress in realizing our primary scenario. During the ongoing green wave [3], we still expect the stock to sell off below the support at $274. However, if the price imminently climbs above the resistance at $312, we will have to reconsider the structure of the ongoing decline and reckon with a magenta five-wave downward move. We currently assign this alternative scenario a 36% probability.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
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🚀 Spot trends early with momentum, sentiment & price structure
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Publicações relacionadas
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.