Salesforce's most recent trend suggests a bearish bias. One trading opportunity on Salesforce is a Bear Call Spread using a strike $115.00 short call and a strike $125.00 long call offers a potential 13.9% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $115.00 by expiration. The full premium credit of $1.22 would be kept by the premium seller. The risk of $8.78 would be incurred if the stock rose above the $125.00 long call 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 down which suggests that the medium-term momentum for Salesforce is bearish.
The RSI indicator is at 40.76 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
Visa, Square Lead These 5 Stocks Reclaiming This Key Support Line: S&P 500, Dow Jones Futures
Tue, 13 Feb 2018 02:58:28 +0000
With the market rallying for a second straight day, these top stocks retook their 50-day lines: Visa, Square, Salesforce, U.S. Steel, Intuitive Surgical.
See what the IHS Markit Score report has to say about Salesforce.com Inc.
Mon, 12 Feb 2018 13:03:07 +0000
Salesforce.com Inc NYSE:CRM
Canadian PM Trudeau and LA mayor toast friendship with hike
Sat, 10 Feb 2018 20:44:50 +0000
LOS ANGELES (AP) — Capping off a three-day swing through California that's mostly been focused on business and trade, Canadian Prime Minister Justin Trudeau toasted his country's friendship with Los Angeles on Saturday by taking a brisk morning hike with Mayor Eric Garcetti.
The 50 Best Workplaces for Giving Back in 2018
Fri, 09 Feb 2018 12:00:30 +0000
Fortune's annual ranking of the best companies for charity and volunteering.
Trudeau pitches Canadian globalism to California tech firms
Fri, 09 Feb 2018 01:43:12 +0000
Canadian Prime Minister Justin Trudeau on Thursday pitched Canadian globalism and the country's new fast-track visa as reasons why Silicon Valley companies should consider Canada as a place to do business …
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