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 17.1% return on risk over the next 33 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 $0.73 would be kept by the premium seller. The risk of $4.27 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 42.15 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
Heavy Overhang From These IPOs
Tue, 15 Apr 2014 13:18:00 GMT
TheStreet – Until these overpriced stocks come down enough to attract acquirers, I think they'll cause real problems for the market.
Options Update: How to Play Salesforce.com
Mon, 14 Apr 2014 16:15:37 GMT
Bloomberg – April 14 (Bloomberg) –- MKM Holdings Derivatives Strategist Jim Strugger discusses his options strategy for Salesforce.com. He speaks with Alix Steel on Bloomberg Television’s “Market Makers.” (Source: …
Updated Research Report on Salesforce
Mon, 14 Apr 2014 15:50:09 GMT
Zacks – On Apr 11, 2014, we issued an updated research report on salesforce.com, Inc. following the company???s mixed fourth-quarter fiscal 2014results.
Boston Properties-Salesforce Ink Lease Deal
Mon, 14 Apr 2014 14:10:13 GMT
As Internet shares break down, investors see value in old tech
Sun, 13 Apr 2014 11:53:28 GMT
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