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CRM - BEARISH SCENARIO

Corto
NYSE:CRM   Salesforce
After a half-decade of fast hiring and large acquisitions, Salesforce is trying to cut costs and better integrate the companies it has purchased.
The 8 000 jobs cut announced on Wednesday is a step forward, but it won`t be enough to stop the downtrend.
The expectations are for the downtrend to continue and to reach the $ 115 major support level

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