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Identifying a Bullish Reversal Area for Salesforce Stock

Investing.com·
Identifying a Bullish Reversal Area for Salesforce Stock

Salesforce stock has crashed 59% from its late-2024 peak of $369 to $150, despite healthy business growth and a single-digit P/E ratio. Using Elliott Wave analysis, the author suggests the stock is likely to fall further to around $100 before a bullish reversal occurs, as the current decline is part of a larger A-B-C flat correction pattern.

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