CRM Setting Up for Earnings Next Week

24 ก.พ. 2023

CRM reports earnings next week. This was a pre-earnings run that settled into an unstable sideways trend and then went down due to a lack of strong retail buying.

Volume is exceedingly low to the downside. This is not a sell short setup. Buy zone support is too close from the bottom formation.

NVDA had a similar pattern and gapped up on its earnings release news.