Salesforce's most recent trend suggests a bullish bias. One trading opportunity on Salesforce is a Bull Put Spread using a strike $59.50 short put and a strike $54.50 long put offers a potential 15.74% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $59.50 by expiration. The full premium credit of $0.68 would be kept by the premium seller. The risk of $4.32 would be incurred if the stock dropped below the $54.50 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 76.09 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
NYSE stocks posting largest percentage increases
Mon, 08 Sep 2014 22:38:51 GMT
AP – A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading: Ply Gem Holdings rose 9.7 percent to $11.83. Demandware Inc. rose 9.5 percent to $54.86. Sandridge Mississippian …
Salesforce Creates $100M Fund Focused on Mobile Apps
Mon, 08 Sep 2014 18:57:57 GMT
Fox Business – The new Salesforce1 Fund will invest in companies building innovative mobile applications and connected products.
salesforce.com, inc. Launches $100 Million Venture Fund
Mon, 08 Sep 2014 18:02:22 GMT
Benzinga – salesforce.com, inc. (NYSE: CRM ) launched a $100 million venture fund to invest in companies developing mobile apps related to the Salesforce products. The San Francisco-based customer relations and cloud …
Salesforce.com Has Set Aside $100 Million To Invest In Mobile Startups
Mon, 08 Sep 2014 17:09:40 GMT
Business Insider – Salesforce.com has set aside $100 million to…
Video: Salesforce Makes Big Bet On Mobile Technology
Mon, 08 Sep 2014 16:20:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook