Salesforce's most recent trend suggests a bullish bias. One trading opportunity on Salesforce is a Bull Put Spread using a strike $55.00 short put and a strike $50.00 long put offers a potential 19.33% return on risk over the next 39 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.81 would be kept by the premium seller. The risk of $4.19 would be incurred if the stock dropped below the $50.00 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 66.37 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
Bringing Unstructured Data Into D&B Products
Tue, 14 Jan 2014 16:42:00 GMT
Forbes – Business data stalwart Dun & Bradstreet has been delivering business intelligence to corporations for well over 100 years but until now that information was made up from highly structured data – market analytics, competitor analysis etc. Their solutions haven't captured the growing wealth of information from the social world – […]
First They Asked For My Dental Records…
Mon, 13 Jan 2014 18:51:53 GMT
The Wall Street Journal – Marc Andreessen and Marc Benioff take to Twitter to discuss the merits of data and data privacy.
Cloud Sherpas Shows Just How Lucrative Moving Organizations To The Cloud Is
Mon, 13 Jan 2014 16:26:00 GMT
Forbes – Around four years ago I met a small company that focused on helping large organizations transition to the Google Apps suite of products. Cloud Sherpas seemed like just another small service provider with a small and time-limited opportunity to make some money before Google made implementing its own products easier […]
Former ExactTarget CMO Tim Kopp Joins Mass Relevance as Advisor
Mon, 13 Jan 2014 14:00:00 GMT
Marketwired – Mass Relevance, the technology leader in enabling social experiences, today announced the appointment of Tim Kopp to its Board of Advisors. Kopp is a renowned marketing executive who helped pioneer new …
Pritzker Scion Backs Pot Plans as Getting High Gets Legal
Mon, 13 Jan 2014 05:01:00 GMT
Bloomberg – Robert Frichtel will have 10 minutes to persuade a roomful of investors in Las Vegas to part with as much as $6 million for a business leasing space for growing marijuana.
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