Salesforce's most recent trend suggests a bullish bias. One trading opportunity on Salesforce is a Bull Put Spread using a strike $52.50 short put and a strike $45.00 long put offers a potential 16.28% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $52.50 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $6.45 would be incurred if the stock dropped below the $45.00 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 at 71.8 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Salesforce
Top 5 best free apps for investors
Sun, 17 Nov 2013 15:22:00 GMT
MarketWatch – The app revolution is far from over. There's plenty of continued huge growth for any app-related company that catches traction. Moreover, there are many great apps coming out every day, every week, and …
Cramer's Mad Money – 17 Things To Watch In The Week Ahead (11/15/13)
Sun, 17 Nov 2013 10:57:24 GMT
Seeking Alpha – Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Friday November 15. 17 Things To Watch In The Week Ahead: Salesforce.com ( CRM ), Best Buy ( BBY ), Home Depot ( HD ), Dicks …
Things Aren't Always As They Seem
Sun, 17 Nov 2013 05:46:02 GMT
Seeking Alpha – As I listened to Janet Yellen face her Senate inquisitors as the hearing process began for her nomination as our next Federal Reserve Chairman, the inquisitors themselves were reserved. In fact they were …
Salesforce’s Million-Dollar Bid For Mobile App Talent
Sun, 17 Nov 2013 05:02:04 GMT
Motley Fool – The cloud computing king sponsors a $1 million “hackathon” prize for new mobile apps at this week’s Dreamforce customer and developer conference.
Week ahead: It's the week of the consumer
Sat, 16 Nov 2013 04:44:19 GMT
CNBC – Some traders are convinced the stock market is poised to move higher into the year end, and the week ahead may provide more proof of that.
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