Salesforce's most recent trend suggests a bullish bias. One trading opportunity on Salesforce is a Bull Put Spread using a strike $59.00 short put and a strike $54.00 long put offers a potential 23.46% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $59.00 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $4.05 would be incurred if the stock dropped below the $54.00 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 30.17 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
10-Q for salesforce.com, inc.
Sat, 29 Nov 2014 00:07:29 GMT
The Trend to Renting, vs Owning, Will Kill the PC and Forever Alter IT
Fri, 28 Nov 2014 19:00:00 GMT
[$$] Salesforce Boosts CEO's Compensation
Wed, 26 Nov 2014 23:44:28 GMT
The Wall Street Journal – Salesforce.com gave Chief Executive Marc Benioff a nearly 8% raise in salary and target bonus and awarded him stock options with an indicated value of roughly $33 million.
SALESFORCE COM INC Files SEC form 8-K, Change in Directors or Principal Officers
Wed, 26 Nov 2014 21:47:43 GMT
SALESFORCE COM INC Files SEC form 10-Q, Quarterly Report
Wed, 26 Nov 2014 11:03:01 GMT
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