Chance for $CRM to close above 160 this week
Được dịch tự động từ bản gốc · Đọc bản gốc (English)
Saw $CRM surge today to 158.37, high of 158.455. Curious how much further this momentum can carry it. Good earnings news is supporting it. I think there's about a 60% chance $CRM closes above 160 by this Friday (not counting today). The main reason is sustained buying power combined with improved market sentiment recently.
However, we also need to be wary of profit-taking that could come in at any time, especially if the broader market sees a sell-off. I give it a 40% chance of getting stuck around 159 or pulling back to consolidate before it can easily reach 160 without resistance. $JCI also shows that stocks that have risen a lot can also be subject to profit-taking.