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 $47.50 long put offers a potential 8.46% return on risk over the next 19 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 $0.39 would be kept by the premium seller. The risk of $4.61 would be incurred if the stock dropped below the $47.50 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 58.92 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
Reborn, Dell Aims Message at Businesses
Mon, 30 Dec 2013 23:24:28 GMT
New York Times – A campaign focuses on corporations and the computer company’s entrepreneurial roots.
A Convergence Of The Single Sign-On, API Management And Integration Worlds
Mon, 30 Dec 2013 18:43:00 GMT
Forbes – Lately I've been noticing some real convergence in some generally unrelated areas – Single Sign-On (SSO), the ability to sign into multiple applications and services via one portal, application integration and API management are all different take on a similar problem space and we're starting to see vendors in the […]
Hold or fold: Twitter & Facebook
Mon, 30 Dec 2013 17:08:00 GMT
CNBC – Chris Baggini, Turner Titan Fund senior portfolio manager, explains why he is not investing in Twitter and the great opportunities at Facebook. Facebook offers a critical mass for advertising, Baggini …
Coverage initiated on Salesforce.com by BMO Capital Markets
Mon, 30 Dec 2013 11:46:09 GMT
CIOs Brand Enterprise Social Tools as Most Overhyped Technology of the Year
Mon, 30 Dec 2013 11:39:52 GMT
AllThingsD – Most underhyped? A tie between mobile and security.
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