SalesForce (CRM) is having a good year in 2017. Along with putting its name in the NYC skyline, its share price has also rallied from a low around 70 and to around 93 at the end of the 8/22 session.SalesForce (CRM) Daily Chart(click to enlarge)Consolidation:- When price reached 92, it retreated. In our previous update, we noted some key support levels for CRM, and it indeed found buyers there.- The daily chart is a picture of a bullish market as price trades above the 200- and 100-day simple moving averages. The RSI als held above 40, which is a good sign of continuing bullish momentum.- Plus, after consolidating under 92, it broke through clearly during the 8/22 session.- These are record highs and the continuing growth shows that the market has confidence in CRM. - After all, CRM is integrated deepy in different sectors and in a way you can think of its risk as diversified.- Looking at historic price data, CRM has not had any bear run more than a year. In fact the longest bearish periods are around half a year. - The bullish breakout suggests it might have at least another 10% bull run before consolidating around 100.