CRM balancing between a 52W high of $222.14, and a support level of $198-200

AAATrade Team AAATrade

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

Looking at the 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.

Author

AAATrade Team

AAATrade

The AAATrade Team has extensive experience in content writing for the financial industry. Stelios Nikolaou is the lead writer of the team, he currently works at AAATrade to provide research and content writing services.

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