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TMCNet:  Shares of salesforce.com Exhibit Possible Trend Reversal as it Trades Higher (CRM)

[November 21, 2012]

Shares of salesforce.com Exhibit Possible Trend Reversal as it Trades Higher (CRM)

Nov 21, 2012 (SmarTrend(R) News Watch via COMTEX) -- Shares of salesforce.com are trading today in above average volume, with the share price rising 6.9% to $155.90. Today's volume of 3.1 million shares tops the average 30-day volume of 1.7 million shares. Unusually high volume can signify a potential turning point or validate a breakout.


SmarTrend is tracking the current trend status for salesforce.com and will alert subscribers who have CRM in their portfolio or watchlist when shares have changed trend direction.

salesforce.com share prices have moved between a 52-week high of $164.75 and a 52-week low of $94.09 and are now trading 66% above that low price at $156.34 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.4%.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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