Salesforce's most recent trend suggests a bullish bias. One trading opportunity on Salesforce is a Bull Put Spread using a strike $105.00 short put and a strike $97.50 long put offers a potential 8.7% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $105.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $6.90 would be incurred if the stock dropped below the $97.50 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 78.56 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
San Francisco's tallest building, Salesforce Tower, opens at 97 percent leased
Tue, 16 Jan 2018 20:45:51 +0000
The 1.4 million square foot, $1 billion tower opened this week at 97 percent occupancy. “We are delighted to become one of the anchor tenants of the new Salesforce Tower, which is at the center of a flourishing area of downtown San Francisco,” Simon Frankel, a partner at Covington & Burling LLP, which recently signed a 79,000-square-foot lease and plans to move more than 75 lawyers into the tower, told the Business Times.
See what the IHS Markit Score report has to say about Salesforce.com Inc.
Tue, 16 Jan 2018 13:05:00 +0000
Salesforce.com Inc NYSE:CRM
YETI Coolers Launches New Digital Shopping Experience on Salesforce Commerce Cloud
Tue, 16 Jan 2018 13:00:00 +0000
SAN FRANCISCO, Jan. 16, 2018 /PRNewswire/ — Salesforce (CRM), the global leader in CRM, today announced that YETI—a premium outdoor brand based in Austin, Texas—has launched a new digital shopping experience built on Salesforce Commerce Cloud. As the company has experienced rapid growth, it has been able to manage its B2C and B2B customer relationships at scale using Salesforce Sales Cloud, Service Cloud, Marketing Cloud and Community Cloud.
Global Payout, Inc. Launches Supply Chain Finance Logistics Subsidiary – SecurCapital Corp.
Tue, 16 Jan 2018 13:00:00 +0000
SAN DIEGO, Jan. 16, 2018– via OTC PR WIRE– Global Payout, Inc. is pleased to announce the launch of its newly formed logistics subsidiary, SecurCapital Corp. that will focus on logistics supply chain …
Rack Room Shoes Grows Revenue With Salesforce Marketing Cloud
Mon, 15 Jan 2018 13:30:00 +0000
Rack Room Shoes and Off Broadway Shoe Warehouse achieved an annual ROI of 777% with integrated and engaging marketing campaigns with Salesforce Marketing Cloud SAN FRANCISCO , Jan. 15, 2018 /PRNewswire/ …
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