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April 10, 2023
Today at a glance: the customer relationship management company has recovered almost all of its session losses after dipping down to $189.28 today.
Salesforce bounced $1.87 away from Fibonacci support at $189.62. Support/Resistance levels obtained from chart analysis indicate that Salesforce could begin to recover as it approaches significant support, now $3.89 away from $187.6. Dipping below could be an indication that further losses are ahead.
Salesforce was not the only decliner in the technology sector; Apple goes down 1.6% today to close at $164.66. Oracle went down 1.84%, closed at $95.52.
On the other hand, positive performances could be seen by looking at other technology stocks as AMD was up 3.26%.
Furthermore, United States EIA Short-Term Energy Outlook scheduled to come out tomorrow at 16:00 UTC.
The stock has been trending positively for about a month. The cloud CRM provider is now trading 3.62% below the significant high of $199.78 it set around 10 days ago.
