Can Salesforce Snap Out of Its Funk With Earnings?

TheStreet2021-02-25

With the exception of the past few days, the Nasdaq has been busy grinding out new highs. Not Salesforce, however. While the stock hasn’t been a terrible performer, it simply hasn’t done much. Like ...

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精彩评论

TiggyTrader
2021-02-25
TiggyTrader
Love this stock
Ivyn
2021-02-25
Ivyn
Wow
Zavier97
2021-02-25
Zavier97
Good!
新华仔
2021-02-25
新华仔
Agreed !
Mm101
2021-02-25
Mm101
Goid
Jazling
2021-02-25
Jazling
Wow
- Jazling:
  Ok

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Not Salesforce, however.\nWhile the stock hasn’t been a terrible performer, it simply hasn’t done much. Like ...</p>\n\n<a href=\"https://www.thestreet.com/investing/salesforce-crm-stock-earnings-preview-trading-022421\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRM","symbol_name":"赛富时","start_time":0,"source_url":"https://www.thestreet.com/investing/salesforce-crm-stock-earnings-preview-trading-022421","article_id":"1158476459","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1158476459","pubTimestamp":1614223900,"sourceInfo":null,"weMediaInfo":null,"summary":"With the exception of the past few days, the Nasdaq has been busy grinding out new highs. Not Salesf","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CRM":"赛富时"},"translate_title":"销售人员能否通过盈利迫使SNAP走出恐慌？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRM":0.9},"content_text":"With the exception of the past few days, the Nasdaq has been busy grinding out new highs. Not Salesforce, however.\nWhile the stock hasn’t been a terrible performer, it simply hasn’t done much. Like some of its larger mega-cap tech peers such as Amazon Report or Nvidia Get Report, Salesforce continues to trade in a sideways manner.\nInvestors are hoping that earnings on Thursday will help break it out of this consolidation. Worth mentioning is that Nvidia will report earnings Wednesday after the closing bell. \nIn any regard, Salesforce stock exploded higher in late August on better-than-expected earnings. The stock posted a 26% one-day rally in response, hitting new all-time highs.\nThe reaction wasn’t quite as bullish when it reported again in December, while also announcing the $27.7 billion acquisition of Slack.\nWill this time be different, or like its peers will Salesforce fail to regain momentum on earnings?\nTrading Salesforce\n\nSince popping to its highs in August, Salesforce stock has been putting in a giant bull flag pattern, consolidating in a series of lower highs and lower lows.\nEven if the post-earnings reaction isn’t a robust move to the upside, bulls can secure a victory as long as the stock doesn’t go on to make new lows. 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That’s about the only “new low” scenario that would be acceptable, but let's not get too in-depth on the hypotheticals.\nBelow $213.70 and channel support is on the table.\nOn a bullish reaction, I’d love to see Salesforce stock break out over channel resistance and clear the February highs near $250.\nThat could put $270 in play, followed by the all-time high up at $284.50.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":361243295,"gmtCreate":1614242397417,"gmtModify":1634550525716,"author":{"id":"3555369166820250","authorId":"3555369166820250","name":"TiggyTrader","avatar":"https://static.tigerbbs.com/bf3a767c22416849fe76f2e38a327e6c","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3555369166820250","authorIdStr":"3555369166820250"},"htmlText":"Love this stock&nbsp;","listText":"Love this stock&nbsp;","text":"Love this stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361243295","repostId":1158476459,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":361291675,"gmtCreate":1614235327597,"gmtModify":1634550553933,"author":{"id":"3574369575855815","authorId":"3574369575855815","name":"Ivyn","avatar":"https://static.tigerbbs.com/b07a9b2035b6533de027e7a22492444b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574369575855815","authorIdStr":"3574369575855815"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361291675","repostId":1158476459,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":361658146,"gmtCreate":1614231536285,"gmtModify":1634550569794,"author":{"id":"3576478194508229","authorId":"3576478194508229","name":"Zavier97","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3576478194508229","authorIdStr":"3576478194508229"},"htmlText":"Good!&nbsp;","listText":"Good!&nbsp;","text":"Good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361658146","repostId":1158476459,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":361621740,"gmtCreate":1614230353180,"gmtModify":1634550575977,"author":{"id":"3567917220278698","authorId":"3567917220278698","name":"新华仔","avatar":"https://static.tigerbbs.com/1a9729e691dca413cb27841161f73d7f","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3567917220278698","authorIdStr":"3567917220278698"},"htmlText":"Agreed !","listText":"Agreed !","text":"Agreed 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