9 Takeaways From Salesforce.com's Chart

Schaeffer's Investment Research
  DEC 11, 2012 4:00 PM

CRM is greatly outperforming its peers and the broader market; it's up over 60% year-to-date.


Today’s chart is of Salesforce.com (NYSE:CRM), which provides cloud computing and social enterprise solutions to various businesses and industries worldwide. The company delivers customer relationship management applications through Internet or cloud.

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What I Am Looking At
Trigger:  Breakout of bullish flag pattern and ascending triangle / wait for possible backtest of $160 level.

This article by Tony Venosa, CMT, was originally published on Schaeffer's Investment Research.

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No positions in stocks mentioned.