Salesforce's most recent trend suggests a bullish bias. One trading opportunity on Salesforce is a Bull Put Spread using a strike $146.00 short put and a strike $141.00 long put offers a potential 19.33% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $146.00 by expiration. The full premium credit of $0.81 would be kept by the premium seller. The risk of $4.19 would be incurred if the stock dropped below the $141.00 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 69.01 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
United Airlines donates flights to reunite immigrant families
Thu, 26 Jul 2018 21:13:37 +0000
United could risk some backlash from wading into the contentious immigration debate, but the carrier may expect most Americans will embrace the idea of reuniting families.
Hubspot's Quarterly Earnings Growth: A Sign Of Good Things To Come?
Thu, 26 Jul 2018 18:16:37 +0000
Hubspot also saw $114.6 million in revenues, a 39 percent growth in revenues year-over-year. Some have suggested Hubspot's plan is to reinvent itself entirely, growing into a mini Salesforce.com, Inc. (NYSE: CRM) with its suite of tools. Hubspot’s increased investment in research and development did lead to higher operating costs this year and a GAAP earnings loss of $15.4 million as a result.
Buy These 3 Killer Tech Stocks, Says Wall Street's #1 Analyst
Wed, 25 Jul 2018 22:16:00 +0000
This made us wonder: how is the top analyst on Wall Street choosing to invest? TipRanks — a platform that ranks Wall Street analysts on financial calls — pinpoints Canaccord's Richard Davis as the Street's best-performing analyst. Salesforce has received a whopping 23 buy ratings in the last three months.
Free Technical Reports on salesforce.com and Three Additional Application Software Equities
Wed, 25 Jul 2018 11:35:00 +0000
WallStEquities.com has initiated research reports on the following Application Software stocks: Zuora Inc. (ZUO), Adobe Systems Inc. (NASDAQ: ADBE), Alteryx Inc. (AYX), and salesforce.com inc. (NYSE: CRM). San Mateo, California headquartered Zuora Inc.'s stock finished Tuesday's session 4.86% lower at $25.25 with a total trading volume of 1.09 million shares, which was higher than their three months average volume of 1.05 million shares. The Company's shares are trading above their 200-day moving average by 4.44%.
Jim Cramer: We've Got an Extremist Market
Tue, 24 Jul 2018 23:01:00 +0000
While the Nasdaq partied we got some truly hideous action in some of the big industrials, in part because the president praised tariffs and most of these companies are being hurt by tariffs and in part because many traders made up their minds that things weren't so hot before they even knew what the companies were going to say. From the get-go, no, even before the get-go 3M's stock got slammed, at one point falling seven points after it reported a better than expected quarter. The company doubled its organic growth, saw strength in almost every business line and managed to reverse some of the sickening declines that it experienced in the previous quarter.
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