Watch These Salesforce Price Levels as Stock Jumps After Strong Earnings
salesforce(CRM) Investopedia·2024-08-29 20:56
Key TakeawaysSalesforce shares jumped in premarket trading Thursday after the enterprise software company reported better-than-expected second-quarter results and lifted its full-year profit outlook, as customers increased spending on its suite of cloud products. Thursday’s projected earnings pop positions the stock for a decisive breakout above the top trendline of a symmetrical triangle, potentially marking the start of a new trend higher.Amid post-earnings buying in Salesforce shares, investors should mo ...