Timing Mechanism for a Favorite AI Stock

---

As today is Technical Monday, I want to feature a stock that the recent sell-off now offers a good low risk entry point. 

Plus, it is a top pick in my Outlook 2025. 

And you get to see how our proprietary plugins work. 

Furthermore, there is news.  

Google Cloud secured a $2.5B, seven-year deal with Salesforce CRM, allowing Salesforce customers to run key software like Agentforce AI and Data Cloud on Google Cloud.  

The partnership aims to counter Microsoft’s dominance in enterprise AI and cloud, with clients like Wayfair and Accenture set to move Salesforce apps to Google Cloud. 

Salesforce will also integrate Google’s Gemini AI into its services. 

I included Salesforce as top 10 pick in the Outlook 2025 (page 31) because they helped fund the Olympics and the NFL on Netflix. 

Technically, there are 4 extremely interesting setups to note. 

1. Monday’s low price is a new 60+ day low, making a reversal pattern a real possibility. 
2. In November CRM gapped higher and made a low of 303.07 while today’s low is 303.61. More importantly, that gap has not been filled, making 293 a logical risk point.  
3. Monday’s high sits right under the January 6-month calendar range, which now needs to clear with a closing price above it. 
4. Real Motion while indicating weaker momentum (red dots) that what the price is telling us, sits right on the 200-DMA (green)  

This being technical Monday, I also want to stress that when market conditions change, we look for confirmation on these reversal patterns, even in the best stocks.  

 

Educational purposes only, not official trading advice.  

For more detailed trading information about our blended models, tools, and trader education courses, contact Rob Quinn, our Chief Strategy Consultant, to learn more. 

 

Traders World Fintech Awards
-

-----Get your copy of
Plant Your Money Tree: A Guide to Growing Your Wealth

Grow Your Wealth Today and Plant Your Money Tree!

"I grew my money tree and so can you!"- Mish Schneider 

 

Mish in the Media-Want to see more? All clips here  

Outlook 2025, the PDF This will set you up on the right side of the market along with many picks 

Schwab Network Mish joins a panel to discuss the future of Rivian and why she is bullish 02-21-25 

Business First AM Mish talks retail and why letting dust settle in Palantir makes sense 02-21-25 

Business First AM One stock, QUBT has lots of upside potential 02-20-25 

ProInvestor Insights Compare/Contrast the Year of the Yin Wood Snake Article 02-16-25 

CNBC Dubai Mish talks to Dan Murphy in Dubai about price and narratives, and to keep a broad focus 02-18-25 

Fox Business Charles Payne Mish talks about the charts versus the news and why she’s watching Symbotic 02-17-25 

BNN Bloomberg The Open Mish talks IBM, Metals, Retail, the pluses and minuses 02-14-25 

 

Coming Up:  

February 28 Financial Sense 

February 28 Podcast Cabot Wealth Network 

March 5 BNN Bloomberg 

April 4 The Money Show in Dallas   

Weekly: Business First AM  

 

ETF Summary  

(Pivotal means short-term bullish above that level and bearish below)  

S&P 500 (SPY) 599 held and needs to continue to do so 

Russell 2000 (IWM) 2025 low 213.97 

Dow (DIA) 432 support must hold 

Nasdaq (QQQ) 520 support and now waiting for NVDA earnings 

Regional banks (KRE) 60 area support 

Semiconductors (SMH) 245 support 260 resistance 

Transportation (IYT) 69-70 support 

Biotechnology (IBB) 140 resistance  

Retail (XRT) 74 major support and until it clears 77 still looks weak 

iShares 20+ Treasury Bonds (TLT) Needs to clear 90 to get interesting