Salesforce's most recent trend suggests a bearish bias. One trading opportunity on Salesforce is a Bear Call Spread using a strike $83.50 short call and a strike $88.50 long call offers a potential 11.11% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $83.50 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock rose above the $88.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Salesforce is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Salesforce is bearish.
The RSI indicator is at 63.9 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Salesforce
[$$] Silicon Valley is no pay panacea for Goldman wannabes
Fri, 10 Jun 2016 07:18:42 GMT
Financial Times – Graduates want to work at Goldman Sachs. This would have been a statement of the blindingly obvious a decade ago. Now the news that Goldman received 250,000 applications from university leavers comes as …
All It's Cracked Up to P/E?
Thu, 09 Jun 2016 23:35:00 GMT
What employees say about working for the 10 best-rated CEOs
Thu, 09 Jun 2016 16:46:34 GMT
[$$] Customer-Service App Firm Helpshift Raises $23M Series B
Wed, 08 Jun 2016 22:17:55 GMT
The Wall Street Journal – Helpshift offers a customer relationship management system for mobile-app customer service. The deal represents the first investment Microsoft Ventures has announced since it reorganized last week.
Salesforce-Microsoft Office 365 Deal ‘Delivering Real Dividends’
Wed, 08 Jun 2016 21:14:33 GMT
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