DOWN 13% in 6 days- and a $130 stock can't bounce at 200day
That's NOT what a bottom looks like. Meanwhile , the major indices are STILL selling off "NICE and ORDERLY". This just SCREAMS of lower prices to come. I reentered today with July 140 puts. Goal $107-113. And that's just the next modest, boring, technical goal.
"It's got the power to pop TOWARDS $140 this week"
Well, when you're right, you're right. Though, you're right in the past tense. Crm moved from $126.32 to $131.40. That's over a 3% move "towards" $140. Had the Dow bounced 400 points today, it would have made headlines. And it would have been a little over a 3% move up also. Hang in there, Wende. In a few months you may be able to state "Crm made a 10% move up towards $140". Though that may very well be a move from $65 to $72.