Salesforce's most recent trend suggests a bearish bias. One trading opportunity on Salesforce is a Bear Call Spread using a strike $62.50 short call and a strike $67.50 long call offers a potential 5.71% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $62.50 by expiration. The full premium credit of $0.27 would be kept by the premium seller. The risk of $4.73 would be incurred if the stock rose above the $67.50 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 46.85 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Salesforce
End of era: Ellison steps aside as Oracle CEO
Thu, 18 Sep 2014 23:48:41 GMT
AP – Oracle co-founder Larry Ellison is stepping aside as CEO after 37 years at the helm of the business software maker, ending a colorful reign marked by his flamboyant behavior and outlandish wealth amassed …
End of era: Ellison steps aside as Oracle CEO
Thu, 18 Sep 2014 23:48:32 GMT
AP – Oracle co-founder Larry Ellison is stepping aside as CEO after 37 years at the helm of the business software maker, ending a colorful reign marked by his flamboyant behavior and outlandish wealth amassed …
Oracle's Ellison steps aside, co-CEOs Catz and Hurd take over
Thu, 18 Sep 2014 23:35:24 GMT
Reuters – SAN FRANCISCO/SEATTLE (Reuters) – Larry Ellison, co-founder and leader of Oracle Corp for almost four decades, stepped aside as chief executive on Thursday, to be replaced by co-CEOs Safra Catz and Mark Hurd, but stressed that nothing at the business software company will change. The move comes earlier than expected by many investors, and appears designed to address concerns about the company's direction under Ellison, 70, who has been the Oracle's only CEO in its 37-year history. They're going to continue what they've been doing over the last several years,” Ellison said on a conference call with analysts, referring to Hurd, 57, and Catz, 52. Catz, responding to an analyst who asked what the management shuffle would mean further down the company, said nothing will change.
Oracle's Ellison steps aside, co-CEOs Catz and Hurd take over
Thu, 18 Sep 2014 23:02:25 GMT
Reuters – SAN FRANCISCO/SEATTLE (Reuters) – Larry Ellison, co-founder and leader of Oracle Corp (ORCL.N) for almost four decades, stepped aside as chief executive on Thursday, to be replaced by co-CEOs Safra Catz and Mark Hurd, but stressed that nothing at the business software company will change. The move comes earlier than expected by many investors, and appears designed to address concerns about the company's direction under Ellison, 70, who has been the Oracle's only CEO in its 37-year history.
Oracle's Ellison steps aside, co-CEOs Catz and Hurd take over
Thu, 18 Sep 2014 23:01:02 GMT
Reuters – By Noel Randewich and Bill Rigby SAN FRANCISCO/SEATTLE (Reuters) – Larry Ellison, co-founder and leader of Oracle Corp (ORCL.N) for almost four decades, stepped aside as chief executive on Thursday, to …
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