$BTC
Salesforce (CRM) — bullish breakout alert, my analysis
The shares of Salesforce, Inc. (CRM) have recently broken a wedge pattern. The price is now consolidating above the breakout trend line. If this breakout holds, the scenario points to a significant price increase in 2026.
Currently, CRM is trading at $262. As long as it stays above $250, the bias remains bullish. The initial bullish target is at $295, followed by $315.
While many mega caps have likely already peaked, the capital rotation will start looking for stocks that are trading near or at multi-year lows. CRM is one of those names, trading at levels similar to those in 2023.
Technical analysis is the best way to find high-probability trades. This is a classic example of it.
Regards, follow me and I'll follow you.