salesforce is in advanced talks to buy
slack and as a result of the news
salesforce.com stock
crm dropped while slack stock
work skyrocketed now the question is
should you
buy salesforce stock or should you buy
slack stock or should you
sell them or should you just stay away
from the whole thing until the hype goes
away
you got questions and i got answers this
is going to be a quick video so if you
like quickies give this video a thumbs
up to help me with the youtube algorithm
and let's dance our way to the intro
hey invest divas and devos i'm kiana
danial a four-time and a newly
best-selling author and the founder of
the invest diva movement the march to
jump on to take control of your
financial future and to make your money
work for you my mission is to help 1
million moms
start investing on their own by the year
2025 so if you are a mom and or if you
know of other moms who could benefit
from taking control of their financial
future you know what to do please spread
the word
and help us make this huge impact the
best place to start
is my free training the link is down in
the description area or in my bio on
instagram
salesforce is the cloud software company
obsessed with customer relationship
management
crm slack is the office messaging app
that
rules your life now that it has a new
suitor lining up asking to put a ring on
it of course
slack's stock price skyrocketed because
this is america
and people like popular things and most
investors
jump on the hype investors then dumped
their salesforce stock
on the possibility of another pricey
acquisition
over its 21 year history salesforce has
bought over 60 companies
so basically salesforce is the
equivalent of an
amazon shopaholic on black friday the
majority
of investors turned their crm position
to either bearish or neutral on monday
now while the market sentiment has
turned bearish simply on the news
that salesforce might buy slack i mean
talk about speculations right this
doesn't mean that the company's value
and growth potential has just
magically disappeared in fact salesforce
still remains
strong among its competitors has a wide
economic moat
maintains its positive earnings per share
and has an
over 223 billion dollar market cap so
this company
isn't going anywhere even if they are
being a little bit careless
with spending in my opinion a slack
acquisition wouldn't be a cost
it would be an investment that would
give salesforce over 130
thousand paying slack customers
which could in return pay for the
investment
time and time again in the future but
i'm happy that wall street traders are
dumping crm stocks on the news
i mean i say dump it more all the big
hedge funds please
dump all of your shares so i can buy
more crm
at a lower price speaking
of setting buy limit orders to buy crm
stock at a lower price
let's take a look at the chart to
discover the key psychological levels
the salesforce.com stock could dip
towards
looking at the chart we noticed that the
bearish pressure actually
slowed down on monday and the stock
price formed a doji candlestick pattern
meaning now the majority of traders are
neutral as opposed to full-on
bearish the future daily ichimoku cloud
is also flat and the future cloud is
actually kind of bullish
meanwhile their earnings is today so we
could expect more volatility
i actually analyzed crm for our premium
investing group or pig members last week
before this whole slack shenanigans
began and as you can see i set a buy
limit order at 235 last week which was
fulfilled on monday so yay for me
and of course if you'd like to get in
the pig
to get my strategies and get your
questions answered i have a link for you
down below if the bearish momentum
continues today after the earnings
we could expect this level to be
revisited today
based on fibonacci analysis i've also set
221 and 206
as the next key psychological levels
that can be revisited should the markets
get volatile again
i already have a bunch of crm stocks in
my portfolio so i'm not really sweating
to buy and i'm long-term bullish on the
stock which means if i didn't have
any of it in my portfolio i probably
would start buying at the current market
price
as for the slack stock right now it's
way too hyped up for me
so i'd wait for the hype and fomo to
dial down a little bit before i
buy more of it now i'd like to hear from
you
which one would you prefer to have on
your portfolio
salesforce stock or slack stock
will you buy now or wait a little bit
let the hot discussion begin below in
the comment section if you like
this video don't be shy go ahead and
smash that like button
subscribe to my channel if you haven't
already select the bell notification
button
you know all the good stuff that can
help me with the youtube algorithm
thanks bye
[Music]
[Applause]
[Music]