All-Time Highs After #Earnings Call

Price has established new all-time highs at 121.15 during premarket after an earnings call. Look out for a possible breakout continuation.

Technicals:
1. Trading 120.90 in premarket as of writing, up 4%
2. Price has gradually corrected onto its 200, 100, and 20 MA's, re-testing each point as it has consolidated into a new up-channel
3. MACD: After completing out its bull run (red arrow signifies completion point), the MACD has been in a pocket of indecision

Fundamentals:
https://finance.yahoo.com/video/salesforces-fourth-quarter-beat-cloud-114100650.html?.tsrc=rss
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For the complete technical analysis on this swing trading set-up, including full price extensions and bullish/bearish targets, click here: compoundtrading.com/...g-periodical-contact

評論:

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