Salesforce's most recent trend suggests a bearish bias. One trading opportunity on Salesforce is a Bear Call Spread using a strike $57.50 short call and a strike $62.50 long call offers a potential 12.36% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $57.50 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock rose above the $62.50 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 28.91 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
Why SAP focused on cloud partnerships in 2Q14
Wed, 16 Jul 2014 17:00:17 GMT
Market Realist – In the second quarter, SAP announced that it's expanding its portfolio of customer relationship management (or CRM) software products.
Chase sales and margin growth in Big Tech
Wed, 16 Jul 2014 07:54:07 GMT
Financial Times – SMART MONEY , It's all about growth, or the lack of it. Overall, the corporate sector has done a bad job of making profits grow over the past three years. Thus, like any scarce quantity, growth is in demand, …
To Lure Advertisers, Twitter Inc. Makes a Bigger Bet on Analytics
Wed, 16 Jul 2014 00:32:35 GMT
Motley Fool – New tools help users, advertisers better see the impact of using Twitter Inc.’s platform for marketing.
Salesforce to Acquire RelateIQ for $390M
Tue, 15 Jul 2014 21:40:06 GMT
Zacks – salesforce.com (CRM) recently entered into a definitive agreement to acquire “relationship-intelligence” company RelateIQ Inc, for approximately $390 million.
The Future of Salesforce.com, Inc. Stock Is Buried in Data
Tue, 15 Jul 2014 13:47:17 GMT
Motley Fool – Salesforce.com continues its bet on data with a $390 million deal for RelateIQ .
Related Posts
Also on Market Tamer…
Follow Us on Facebook