CRM: Post-Earnings Thrust Overbought — Mapping Key LevelsSalesforce, Inc.BATS:CRMBluntForceOptionsTo begin, and FWIW, as noted across my other platforms on Friday, I've completely closed out my long software swing positions initiated back at the June 18 washout lows (CRM, ADBE, FIG, and NOW). With that rebound leg exhausted, IMO, I flipped tactical posture and initiated a 1/2-sized long LEAP put position on CRM close to Friday's HOD (~$263.53) to position for downside mean reversion. Now, for those mapping out levels following the Salesforce (CRM) post-ER spike, here's the current structure I'm watching across multiple timeframes: Overbought momentum: With the stock now +74.96% off its 52-wk low (+41.66% this month alone), daily RSI is pressing extreme overbought territory at 80.8, while ADX expansion highlights a trend stretched thin into horizontal resistance (R-1 263.83). Weekly mean reversion: The weekly frame shows price stretched well above key moving averages. Historically, rallies extending above the 200-wk SMA (~236.81) consistently mean-revert back down to baseline support, with at least 5 to 6 clear rollovers to this level over the past 2 yrs. Overhead resistance: If momentum carries through R-1, the secondary macro resistance cluster sits at R-2 (273.00), followed by the R-3 (294.83) structural shelf. If tested, that offers an area to add to the LEAP puts initiated Friday at the HOD (currently sitting at a 1/2 position). Support downside targets: Initial breakdown support sits at S-1 (235.52) right into the 200-wk SMA baseline (~236.81). A break of S-1 opens the door to fill the daily gap down into S-2 (212.26), which remains my primary target for any serious re-engagement on the long side. I'm managing risk around these structural boundaries... letting the current structure develop before considering long re-entry. Please do your own work. Just sharing my thoughts and positioning. GL out there to all.