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salesforce.com, inc. (CRM) is one of the super and best stock to buy as of April 3, 2019. It’s a big cap growth stocks with strong fundamentals and technical action. Let’s look at the stocks technical actions using a weekly chart.
2. The stock had solid run in 2017 and 2018.
3. The stock found support at the 50 day moving average line all along during the run up.
4. The stock went into wild consolidation early this year and dived even below the 50 DMA.
5. The stock appears to be in a quick consolidation after the recent bounce back.
6. The volume runs below average though.
7. But, the stock found support at the 50 DMA.
8. The buy point would be $166.25 – $174.56, as soon as it makes a new high.
