Salesforce (CRM) has been bullish so far in 2017, rallying from a low of about 66.45 to a high of about 91.90 last week. However, last week ended with a sharp dip that could usher in a period of consolidation in the short to medium-term.Salesforce (CRM) Daily Chart(click to enlarge)Anticipating Consolidation:- The daily chart shows a sharp bearish candle to end the week. - While this does not necessarily signal a bearish reversal, it does show that the prevailing bullish trend is stalling.- However, we might not have such a sharp bearish reversal. After all the prevailing trend is bullish.Anticipating Support:- The first place to anticipate support is around 83.00.- This is a key support/resistance pivot area. - If the RSI approaches 40, we should also support. - I think we will see a period of consolidation , but CRM still has a bullish bias. - At this point, a break below 80 will be needed to suggest a more significant period and deeper retracement. - The weekly chart below shows the prevailing uptrend and the continuation breakout in 2017 after a year of consolidation from end of 2015 to end of 2016.- We can also see a support/resistance pivot at the psychological level of 80, which is why I think a break below will be needed to signal any significant correction.CRM Weekly Chart(click to enlarge)