Salesforce's most recent trend suggests a bearish bias. One trading opportunity on Salesforce is a Bear Call Spread using a strike $257.50 short call and a strike $262.50 long call offers a potential 47.06% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $257.50 by expiration. The full premium credit of $1.60 would be kept by the premium seller. The risk of $3.40 would be incurred if the stock rose above the $262.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Salesforce is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Salesforce is bearish.
The RSI indicator is at 39.59 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
MainStay VP Winslow Large Cap Growth Portfolio Buys Tesla Inc, Advanced Micro Devices Inc, …
Thu, 23 Dec 2021 11:38:01 +0000
Investment company MainStay VP Winslow Large Cap Growth Portfolio (Current Portfolio) buys Tesla Inc, Advanced Micro Devices Inc, Salesforce.com Inc, Match Group Inc, Lucid Group Inc, sells Mastercard Inc, United Parcel Service Inc, Visa Inc, Starbucks Corp, Cintas Corp during the 3-months ended 2021Q3, according to the most recent filings of the investment company, MainStay VP Winslow Large Cap Growth Portfolio.
Amazon's Cloud Services Suffer Third Outage This Month
Wed, 22 Dec 2021 16:50:04 +0000
Operations at major apps and companies were disrupted after AWS, Amazon's cloud service division, suffered its third major outage of December.
Is Salesforce Stock A Buy? Software Growth Stocks Under Pressure
Wed, 22 Dec 2021 14:25:55 +0000
Rising corporate spending on digital transformation projects has boosted CRM stock. With the Slack deal closed, merger synergies will be key.
Oracle follows Microsoft into healthcare push with Cerner — is Salesforce next?
Mon, 20 Dec 2021 18:52:00 +0000
Oracle Corp. on Monday confirmed plans to acquire Cerner Corp. for nearly $30 billion, pushing into the healthcare space a few months after another software giant, Microsoft Corp., made a similar acquisition, leaving analysts to wonder what other software companies will look to buy their way into hospitals.
Market check: Stocks sink on stimulus blow, Omicron concerns
Mon, 20 Dec 2021 15:00:14 +0000
Yahoo Finance Live hosts Brian Sozzi and Julie Hyman look at the hits the market and various travel sectors are taking from what is presumed to be the residual effects of continued Omicron variant concerns.
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