Salesforce's most recent trend suggests a bullish bias. One trading opportunity on Salesforce is a Bull Put Spread using a strike $300.00 short put and a strike $295.00 long put offers a potential 40.85% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $300.00 by expiration. The full premium credit of $1.45 would be kept by the premium seller. The risk of $3.55 would be incurred if the stock dropped below the $295.00 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 above 80 which suggests that the stock is in overbought territory.
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
Artificial Intelligence Stocks To Buy And Watch Span Chips, Software, Internet Plays
Tue, 02 Nov 2021 15:30:48 +0000
When looking for the best artificial intelligence stocks to buy, identify companies using AI technology to improve products or gain a strategic edge, such as Google, Microsoft and Nvidia.
Salesforce.com (CRM) Outpaces Stock Market Gains: What You Should Know
Mon, 01 Nov 2021 21:45:09 +0000
Salesforce.com (CRM) closed the most recent trading day at $302.76, moving +1.02% from the previous trading session.
Top Stock Picks for Week of November 1, 2021
Mon, 01 Nov 2021 19:06:07 +0000
A Company for Investors Focused on the Computer and Tech Space and a Leading Provider of Modern Business Software.
Has salesforce.com (CRM) Outpaced Other Computer and Technology Stocks This Year?
Mon, 01 Nov 2021 15:30:03 +0000
Is (CRM) Outperforming Other Computer and Technology Stocks This Year?
salesforce.com, inc. (CRM): Were Hedge Funds Right About This Stock?
Sun, 31 Oct 2021 14:42:20 +0000
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 873 world-class investment firms that we track and now have access to the collective wisdom contained in […]
Related Posts
Also on Market Tamer…
Follow Us on Facebook