Jan. 27 at 11:27 PM
$CRM Down about 40% from all time highs, but on a relative performance basis it has outperformed other software names that are sitting at 2022 lows. Regardless, this demand zone in the 220s has been rock solid, providing numerous bounces... needs it again or there's solid downside to the
$200 level.
Fundamentally speaking, the software industry has faced some woes, but may be presenting an opportunity. One must take a research based view to understand if this brutal sell off represents a alpha positive investment opportunity, we dive deep into this sector in today's research piece: https://kryptonresearch.substack.com/p/software-fight-or-flight
