Salesforce's most recent trend suggests a bullish bias. One trading opportunity on Salesforce is a Bull Put Spread using a strike $67.50 short put and a strike $62.50 long put offers a potential 26.26% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $67.50 by expiration. The full premium credit of $1.04 would be kept by the premium seller. The risk of $3.96 would be incurred if the stock dropped below the $62.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Salesforce is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Salesforce is bullish.
The RSI indicator is at 40.58 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Salesforce
Is Salesforce for sale?
Tue, 14 Jul 2015 20:53:52 GMT
Fortune – Salesforce.com has been the subject of recent rumors that it could be sold to another tech company. But the heads of mergers and acquisitions for two big potential buyers expressed skepticism.
Salesforce Launches Salesforce Shield — New Salesforce1 Platform Services Empower Businesses to Build Trusted Apps Fast
Tue, 14 Jul 2015 16:13:10 GMT
noodls – SAN FRANCISCO, July 14, 2015 /PRNewswire/ — Salesforce , the Customer Success Platform and the world's #1 CRM company, today launched Salesforce Shield, a new set of Salesforce1 Platform services …
Salesforce Launches Salesforce Shield — New Salesforce1 Platform Services Empower Businesses to Build Trusted Apps Fast
Tue, 14 Jul 2015 15:48:00 GMT
PR Newswire – SAN FRANCISCO, July 14, 2015 /PRNewswire/ — Salesforce [NYSE: CRM], the Customer Success Platform and the world's #1 CRM company, today launched Salesforce Shield, a new set of Salesforce1 Platform services that include Field Audit Trail, Platform Encryption, Data Archive and Event Monitoring. Now, companies with compliance or governance requirements, or businesses in regulated industries can build trusted cloud apps fast — using clicks, not code. Leading organizations such as First Data and Genomic Health are using Salesforce Shield today to build trusted apps. “While many companies are leveraging the cloud to build apps at the speed of business, those in regulated industries have struggled to take full advantage of the cloud due to regulatory and compliance constraints,” said Tod Nielsen, executive vice president of Salesforce1 Platform, Salesforce.
Salesforce rolls out Shield, a security and compliance service bundle for regulated industries
Tue, 14 Jul 2015 12:00:04 GMT
Exclusive: cybersecurity startup RedOwl raises $17 million series b
Mon, 13 Jul 2015 13:00:22 GMT
Fortune – This Baltimore cybersecurity startup routs insider threats.
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