CRM Stock Chart

I dunno about this, while I do agree a breakout could be looming past $50, I think it needs to settle down in the high $40s and let volume settle back down before making a reputable push to new highs above $50.

The volatility the last two weeks has been pretty intense, and the stock is already up some 10% since $45.

On a seperate note, take a look at CMGI and GES. They are both reporting on June 5th, however CMGI is lookin like it will bust through its 2.50 mark ( the chart is pretty good looking). And GES has already busted out to new 52-week highs in higher than average volume. You might wanna post a chart for these…they both look good.

CRM
loaded today
I believe next week, huge news will be out
goes to 55

Stock has begun moving back towards $45ish which is great, could have nabbed some shares below $45 if quick enough.

Taking a small position in around $46 here I dont think is a bad idea at all, a better price would be back at $45 or heck even $44 and the 50 DMA, but I don’t know if we will see that here.