CRM Bullish Thesis

POC @ $273.74
ATH was $369 back in December 2024.
ORCL had new ATH a few days ago, and other AI and Cloud names also.
Cloud Service is robust.
MACD on the 5Day Crossing and Curling
Fib 0.618 @ $271 turned into Support, (this Fibo retracement was taken from last move from May 2024 Low to ATH Dec 2024 $369)
First Target next Huge Resistance @ 0.5 Fib $289.98 Which coincides with AVWAP from ATH
Next Earnings 20 August, which might work as a Catalyst.
What Else? Volatility is High so Beware because as always: Anything can Happen.
My Plan: August 2025 290 Calls