Salesforce Stock Price Levels to Watch Ahead of Earnings Report
Key Takeaways
- Salesforce shares are in the spotlight this week as the cloud software company is scheduled to release its quarterly results after the market closes on Tuesday.
- The stock formed a textbook cup and handle pattern between November 2021 and November this year before breaking out above the bullish chart formation last month.
- Investors should monitor important support levels on the Salesforce chart around $312, $270, and $232, while watching an upside price target at $500.
Salesforce (CRM) shares are in the spotlight this week as the cloud software company is scheduled to release its quarterly earnings report after the market closes on Tuesday.
Analysts expect the software maker to report a 7%…
