Software Leader Forms Tight Inside Day Flag Pattern
Salesforce (CRM) shares flagging the past week near 8 EMA and formed an inside day candle the past two trading sessions as the name coils ahead of earnings next week on 8/24. A breakout above 190 can likely see a swift move to 200 which is also the 200 EMA level and above that has 213 as an untested VPOC. A break under 185 would be a good tight stop loss level.
