Salesforce's most recent trend suggests a bearish bias. One trading opportunity on Salesforce is a Bear Call Spread using a strike $60.00 short call and a strike $65.00 long call offers a potential 13.12% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $60.00 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock rose above the $65.00 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 27.19 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
Conversation with salesforce.com Chairman and CEO Marc Benioff and HP EVP John Hinshaw Call scheduled for 7:15 pm ET today
Tue, 25 Mar 2014 23:15:00 GMT
Valuations up in the clouds?
Tue, 25 Mar 2014 18:12:00 GMT
Interesting CRM Put And Call Options For November 22nd
Tue, 25 Mar 2014 16:07:00 GMT
TheStreet – Investors in Salesforce. om Inc saw new options become available this week, for the November 22nd expiration.
Pisani: Great start to the trading day; Dow leaps 100 points
Tue, 25 Mar 2014 13:37:00 GMT
Cloud company Box files for IPO
Tue, 25 Mar 2014 13:06:00 GMT
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