Salesforce's most recent trend suggests a bearish bias. One trading opportunity on Salesforce is a Bear Call Spread using a strike $60.00 short call and a strike $65.00 long call offers a potential 9.89% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $60.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock rose above the $65.00 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 33.12 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Salesforce
More Success For The Zendesk Mafia, OneLogin Closes A $25M Series C
Tue, 16 Dec 2014 09:00:00 GMT
Salesforce Exec Jim Steele Becomes President of Startup InsideSales.com
Mon, 15 Dec 2014 22:43:00 GMT
TheStreet – The hiring of Steele, former CCO of Salesforce, further cements ties between the two companies.
Big tech aims at talent shortage with ‘Hour of Code' campaign
Mon, 15 Dec 2014 19:22:57 GMT
Reuters – By Deepa Seetharaman SAN FRANCISCO (Reuters) – Call it the thinking man's ice bucket challenge: an hour of code. Last week, everyone from U.S. President Barack Obama to top model Karlie Kloss tried their …
Big tech aims at talent shortage with ‘Hour of Code' campaign
Mon, 15 Dec 2014 19:18:12 GMT
Reuters – Call it the thinking man's ice bucket challenge: an hour of code. Last week, everyone from U.S. President Barack Obama to top model Karlie Kloss tried their hand at writing software for one hour in the …
Scrappy software upstart InsideSales.com hires long-time Salesforce exec
Mon, 15 Dec 2014 17:00:00 GMT
Fortune – With more than 30 years of experience in corporate software sales, Jim Steele's mandate is to scale global accounts beyond early adopters like ADP, Groupon, Marketo and Microsoft.
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