CRM Growth From A.I., SNOW Momentum, & AMD Resistance

Salesforce’s (CRM) 3Q reflects near-term growth from their A.I. enterprise sales, notes Charles Moon. He and Ben Lichtenstein discuss today’s big three stocks CRM, Snowflake (SNOW), and AMD Inc. (AMD). CRM shares are up 66% this year. Charles highlights that SNOW came be frustrating to deal with at times, but when momentum is on its side, it can be the darling for retail traders. He also mentions that AMD is facing waves of resistance but won’t be a bullish play until it clears above the 50 SMA. Ben also goes over the technical trends investors should watch in the name. Tune in to find out more about the stock market today.

Trading 360

01 Sep 2023

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