Salesforce's most recent trend suggests a bearish bias. One trading opportunity on Salesforce is a Bear Call Spread using a strike $64.50 short call and a strike $69.50 long call offers a potential 23.46% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $64.50 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 rose above the $69.50 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 51.81 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Salesforce
Salesforce CEO Marc Benioff saw the wearable computer revolution coming years ago
Tue, 10 Mar 2015 18:03:32 GMT
Business Insider – A lot of companies are talking about how…
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Tue, 10 Mar 2015 12:52:12 GMT
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Tue, 10 Mar 2015 00:53:28 GMT
The Wall Street Journal – Apple positioned the iPhone as a consumer product when it introduced its groundbreaking smartphone in 2007, and it has been pushing the device into businesses ever since. Determined to capitalize on that …
5 Apple Watch apps that will help you do your job
Mon, 09 Mar 2015 22:02:00 GMT
Business Insider – The true success of the new Apple Watch could…
Salesforce Unveils Service Cloud Intelligence Engine–Fueling Smarter Customer Service for the Connected World
Mon, 09 Mar 2015 14:32:59 GMT
noodls – Mar 09, 2015 Powered by data science, the new Service Cloud Intelligence Engine will transform how agents deliver amazing service experiences to exceed the expectations of the connected customer Innovations …
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