Salesforce's most recent trend suggests a bearish bias. One trading opportunity on Salesforce is a Bear Call Spread using a strike $59.50 short call and a strike $64.50 long call offers a potential 22.55% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $59.50 by expiration. The full premium credit of $0.92 would be kept by the premium seller. The risk of $4.08 would be incurred if the stock rose above the $64.50 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 28.89 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
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Fri, 05 Dec 2014 02:33:09 GMT
Oracle Launches Project-Driven Supply Chain Solution
Thu, 04 Dec 2014 16:40:03 GMT
Zacks – Oracle Corp. (ORCL) recently introduced the Oracle Solution for Project-Driven Supply Chain to help its customers enhance project performance and increase profitability in the process.
Coatue Management sells position in Lululemon Athletica
Thu, 04 Dec 2014 13:00:47 GMT
Heroku Announces General Availability of Performance Dynos in Europe
Thu, 04 Dec 2014 08:00:00 GMT
PR Newswire – SAN FRANCISCO, Dec. 4, 2014 /PRNewswire/ — Heroku, a salesforce.com (CRM) company and industry pioneer in cloud application development, today announced the general availability of Performance Dynos in Europe, furthering its commitment to the European market by providing customers with new performance features to support enterprise-class applications at scale. Heroku's EU-based Performance Dynos broaden the options available to European customers who choose to run applications from a European data center, reducing latencies for international end users and improving application response time. “As Heroku continues to deliver the highest quality products and services for European customers, we've found ourselves moving more and more of our apps onto the platform,” said Per Astrom, Head of Innovation at TV4.
SATO Deploys the Salesforce Customer Success Platform
Thu, 04 Dec 2014 02:12:35 GMT
noodls – Dec 03, 2014 Global leader in RFID solutions launches Internet of Things initiative SATO enables higher availability for printers with SATO Online Services TOKYO, Dec. 3, 2014 /PRNewswire/ — Salesforce …
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