Salesforce's most recent trend suggests a bullish bias. One trading opportunity on Salesforce is a Bull Put Spread using a strike $55.50 short put and a strike $50.50 long put offers a potential 37.74% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.50 by expiration. The full premium credit of $1.37 would be kept by the premium seller. The risk of $3.63 would be incurred if the stock dropped below the $50.50 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 48.7 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
Television prepares a bigger menu
Wed, 22 Oct 2014 16:13:12 GMT
Financial Times – Forty years ago, when Janet Yellen, chairwoman of the US Federal Reserve, was an economist at Harvard University, she was interested in the film Five Easy Pieces. She noted the scene in which a diner waitress …
Illumio benefits from funding boom in cyber security
Wed, 22 Oct 2014 13:49:36 GMT
Financial Times – hannah.kuchler@ft.com Twitter: @hannahkuchler , Cyber security start-up Illumio has received personal investments from technology heavyweights including Salesforce chief executive Marc Benioff, Yahoo co-founder …
Big Data Opportunity: Predictive Sales Software Turns Browsers Into Buyers
Wed, 22 Oct 2014 00:13:00 GMT
Cotap Launches External Messaging and Salesforce.com Integration
Tue, 21 Oct 2014 16:00:00 GMT
Marketwired – Cotap, an enterprise mobile messaging service, today announced the release of external messaging as well as a salesforce.com integration that allows users to message anyone in their business network and …
Advice to tech companies on diversity: Own the story
Tue, 21 Oct 2014 11:15:24 GMT
Fortune – By responding to negative media attention as opposed to proactively tackling the problem, companies like Microsoft appear to be falling behind.
Related Posts
Also on Market Tamer…
Follow Us on Facebook