Salesforce's most recent trend suggests a bullish bias. One trading opportunity on Salesforce is a Bull Put Spread using a strike $58.50 short put and a strike $53.50 long put offers a potential 34.41% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $58.50 by expiration. The full premium credit of $1.28 would be kept by the premium seller. The risk of $3.72 would be incurred if the stock dropped below the $53.50 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 57.12 level which suggests that the stock is neither overbought nor oversold at this time.
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Mon, 27 Oct 2014 21:06:00 GMT
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Mon, 27 Oct 2014 17:00:21 GMT
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Mon, 27 Oct 2014 12:16:00 GMT
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Fri, 24 Oct 2014 18:32:51 GMT
Fortune – Five attendees from Fortune's 40 Under 40 party on Thursday weigh in.
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