Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $215.00 short call and a strike $220.00 long call offers a potential 11.61% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $215.00 by expiration. The full premium credit of $0.52 would be kept by the premium seller. The risk of $4.48 would be incurred if the stock rose above the $220.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Visa 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 Visa is bearish.
The RSI indicator is at 27.82 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Apple-Visa alliance in works?
Mon, 04 Aug 2014 22:57:00 GMT
[$$] Apple-Visa May Partner for Mobile Payments
Mon, 04 Aug 2014 19:24:00 GMT
Apple, Visa Mobile Payments Coming With iPhone 6?
Mon, 04 Aug 2014 15:44:00 GMT
Apple, Visa to Accelerate e-Payments Where Google Failed, Says Pac Crest
Mon, 04 Aug 2014 15:17:00 GMT
Jim Cramer's Mad Dash: Visa, Apple and the Mobile Payments Revolution
Mon, 04 Aug 2014 14:42:00 GMT
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