Stock of the day: Salesforce
25 September 2025
Since the end of July, Salesforce has been moving within a very familiar technical formation: a triangle. The price action, marked by orange lines on the chart, shows volatility gradually narrowing, with daily swings becoming smaller and smaller. This contraction of movement is often a sign that the market is building energy for the next big move, and with Salesforce, we are approaching the apex of this triangle, meaning a breakout is getting very close.
From a trading perspective, triangles are best approached with patience. The classical strategy is simple: wait for the breakout. If the price pushes through the upper boundary of the formation, it will trigger a buy signal, opening the door for a continuation of the longer-term bullish trend. On the other hand, a break below the lower boundary of the triangle would shift sentiment to negative and provide a clear sell signal, suggesting the stock is ready for a deeper correction.
At this point, traders don’t have long to wait. The narrowing structure tells us the decision is imminent — it could happen any day. Whichever way the breakout unfolds, it is likely to bring momentum with it. Salesforce traders should stay alert, because the next move out of this triangle could define the stock’s direction for weeks to come.