Salesforce's most recent trend suggests a bearish bias. One trading opportunity on Salesforce is a Bear Call Spread using a strike $57.50 short call and a strike $62.50 long call offers a potential 30.21% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $57.50 by expiration. The full premium credit of $1.16 would be kept by the premium seller. The risk of $3.84 would be incurred if the stock rose above the $62.50 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 38.49 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Salesforce
Canadian start-up Bionym raises $14 million in new round of funding
Wed, 24 Sep 2014 04:03:44 GMT
Reuters – Canadian tech start-up Bionym said on Wednesday it has raised $14 million in a new round of funding led by Ignition Partners and Relay Ventures. Toronto-based Bionym makes a wearable security device dubbed Nymi, which is set to go on sale later this year. Bionym said other investors in its latest round of funding include Export Development Canada, MasterCard, and Salesforce Ventures, the corporate investment group of salesforce.com. “We are currently ramping up our manufacturing capabilities to support consumer, partner and developer demand,” said Bionym Chief Executive Karl Martin.
Canadian start-up Bionym raises $14 mln in new round of funding
Wed, 24 Sep 2014 04:00:01 GMT
Reuters – Canadian tech start-up Bionym said on Wednesday it has raised $14 million in a new round of funding led by Ignition Partners and Relay Ventures. Toronto-based Bionym makes a wearable security device dubbed …
Why Adobe entered into a partnership with Publicis Groupe
Tue, 23 Sep 2014 21:01:17 GMT
Adobe’s Digital Marketing segment is its strong pillar of growth
Tue, 23 Sep 2014 17:00:25 GMT
Market Realist – The Digital Marketing segment of Adobe (ADBE) provides solutions and services for creating, managing, and executing advertising and marketing initiatives.
8:05 am Salesforce.com and Omnicom (OMC) announce first CRM alliance to create an integrated customer journey platform
Tue, 23 Sep 2014 12:05:00 GMT
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