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 17.55% return on risk over the next 37 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 $1.12 would be kept by the premium seller. The risk of $6.38 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 62.78 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Salesforce
Oracle's Growth Drivers: Cloud Adaptation And Database Management Systems
Thu, 14 Nov 2013 22:21:21 GMT
Seeking Alpha – Oracle ( ORCL ) is the world's second largest software company in the multi-billion dollar software development market with revenues in excess of $37 billion and a market capitalization over $150 billion. …
Salesforce.com Loss Expected to Narrow
Thu, 14 Nov 2013 16:57:00 GMT
Forbes – Salesforce.com is expected to book a narrower loss than a year ago when it reports third quarter earnings on Monday, November 18, 2013 with analysts expecting a loss of four cents per share, up from a loss of 10 cents per share a year ago. Despite not changing over the past […]
December 13th Options Now Available For Salesforce.com (CRM)
Thu, 14 Nov 2013 15:50:00 GMT
Forbes – Investors in Salesforce.com Inc (NYSE: CRM) saw new options begin trading today, for the December 13th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CRM options chain for the new December 13th contracts and identified one put and one call contract of particular interest. The […]
Document Security Systems, Inc. – A Dollar Stock With Significant Upside Potential
Thu, 14 Nov 2013 14:06:22 GMT
Seeking Alpha – (Editors' Note: This article covers a micro-cap stock. Please be aware of the risks associated with these stocks.) Document Security Systems, Inc. ( DSS ) is a leader in anti-counterfeit, authentication, …
Standard Register Launches SMARTworks® Connect on Salesforce.com’s AppExchange, the World’s Leading Business Apps Marketplace
Thu, 14 Nov 2013 13:27:02 GMT
noodls – Customers can now distribute market-ready content more efficiently and with greater insight DAYTON, Ohio–(BUSINESS WIRE)–Nov. 14, 2013– Standard Register (NYSE: SR), a leading provider of workflow, …
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