Bought Salesforce

 Salesforce dipped around 8% today.

Might be due to the news that Britain has approved the use of vaccine, and it can be used to treat people next week.

I always use Tableau, and it is a important skill to me.

My work efficiency increased many times, and also people in the company values people with that skill.

I used to own Tableau shares, and when Salesforce bought over it, I sold it.

Because of the valuation.

But my mind set has changed regarding valuation, especially for disrupting companies.

I bought it at $222, and will buy again if it dips to $200.

At least I am buying a company that I am familiar with the product.

And I believe it can take over Microsoft Excel, in terms of market share.

Excel is still useful, but more people will find Tableau more useful. But I still need Excel in my current work.

And recently Salesforce released the news that they bought Slack.

Not very sure about that software, though I have heard of it.

And few months ago, they bought Zoom, which I use it at work too.

For this purchase, it is not close to any support line.

So I used moving average to understand entry points.

Current price is at 150 MA.

Next Entry price will be at 200 MA, which is $200.