Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $212.50 short call and a strike $217.50 long call offers a potential 13.12% 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 $212.50 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock rose above the $217.50 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 35.09 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
U.S. businesses spending more on travel
Tue, 07 Oct 2014 21:22:58 GMT
Tsai Capital: Don't Wait to Charge Into Visa, Precision Castparts
Tue, 07 Oct 2014 19:25:00 GMT
Global Payments Hits 52-Week High on Solid Q1 Earnings
Tue, 07 Oct 2014 12:50:02 GMT
Xoom Corporation (XOOM) Crumbles: Stock Falls by 7.6%
Tue, 07 Oct 2014 11:04:26 GMT
Visa Inc. To Announce Fiscal Fourth Quarter and Full-Year 2014 Financial Results on October 29, 2014
Mon, 06 Oct 2014 12:30:00 GMT
Business Wire – Visa Inc. will report its fiscal fourth quarter and full-year 2014 financial results on Wednesday, October 29, 2014. The results, along with accompanying financial informa
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