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 21.95% return on risk over the next 40 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 $1.35 would be kept by the premium seller. The risk of $6.15 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 58.88 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Salesforce
Wall Street Transcript Interview with Paul Demirdjian, CEO, President and Co-Founder of Jagged Peak (JGPK)
Mon, 11 Nov 2013 16:09:00 GMT
Wall Street Transcript – 67 WALL STREET, New York – November 11, 2013 – The Wall Street Transcript has just published its Business and Application Software Report offering a timely review of the sector to serious investors and …
These 20 Tech Firms Report The Most Fictionalized Earnings
Mon, 11 Nov 2013 15:21:00 GMT
Forbes – Like women who know to shave off two inches from the height a guy lists on his online dating profile, technology investors and analysts are aware that just about every company they care about engages in some wishful thinking when it comes to reporting their earnings.
This Simple Move Should Make Salesforce.com a More Attractive Buy
Sun, 10 Nov 2013 13:06:16 GMT
Motley Fool – The cloud computing king allows clients to design their own app stores.
Earnings, but Without the Bad Stuff
Sat, 09 Nov 2013 18:27:48 GMT
New York Times – Managers of companies that have generated only losses, like Twitter, are happy to suggest metrics that they think are better suited for assessing their operations.
Box Has Picked Its Bankers for Its IPO Next Year
Fri, 08 Nov 2013 21:47:55 GMT
AllThingsD – Everything is on track.
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