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 26.58% return on risk over the next 24 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 $1.05 would be kept by the premium seller. The risk of $3.95 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 75.73 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Salesforce
Surging Earnings Estimates Signal Good News for Salesforce.com (CRM)
Thu, 28 Aug 2014 10:54:44 GMT
Zacks – Salesforce.com (CRM) has decent short-term momentum and is seeing solid activity on the earnings estimate revision front as well. These positive earnings estimate revisions suggest that analysts are becoming …
NYSE stocks posting largest percentage increases
Wed, 27 Aug 2014 22:03:14 GMT
AP – A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading: Ply Gem Holdings rose 9.7 percent to $11.83. Demandware Inc. rose 9.5 percent to $54.86. Sandridge Mississippian …
Kato.im Wants To Disrupt Broken Business Email–But Can Business Email Be Disrupted?
Wed, 27 Aug 2014 15:51:00 GMT
What to look for in Workday’s earnings report
Wed, 27 Aug 2014 15:27:16 GMT
MarketWatch – Workday is expected to report a wider loss but Wall Street is expected to focus on the software-as-a-service company’s continued growth.
Sales: The Process Needs To Get Out Of The Stone Age
Wed, 27 Aug 2014 15:04:00 GMT
Forbes – No doubt, it takes money to make money. This means spending big on sales. The problem? The spending is often wasteful. And a key reason is inadequate sales automation systems (this is according to a recent survey from Adobe and Apttus). It seems that many companies still manage the process from […]
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