A quick look at yesterday: the customer relationship management company has recovered almost all of its session losses after dipping down to $189.28 yesterday.
United States EIA Short-Term Energy Outlook is next today at 16:00 UTC.
Salesforce chart analysis: Salesforce could begin to recover as it approaches significant support, now $1.83 away from $189.66. Dipping below could be an indication that further losses are ahead. Fibonacci-minded traders witnessed a key Fib level of $189.62 holding firm – an indicator of highly concentrated demand around this level.
In addition, United States Crude Oil Inventories is projected to outperform its last figure with -1.3 million. It previously stood at -3.74 million; data will be released tomorrow at 14:30 UTC.
Furthermore, United States Consumer Price Index is expected tomorrow at 12:30 UTC. United States Core Consumer Prices figure is projected at 0.4%. It previously stood at 0.5%; data will be released tomorrow at 12:30 UTC.
The stock has been trending positively for about a month. The cloud CRM provider reached a significant high of $199.78 around 11 days ago but has lost 3.62% since then.