Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $262.50 short put and a strike $257.50 long put offers a potential 27.88% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $262.50 by expiration. The full premium credit of $1.09 would be kept by the premium seller. The risk of $3.91 would be incurred if the stock dropped below the $257.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Visa 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 Visa is bullish.
The RSI indicator is at 55.33 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 Visa
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Tue, 23 Dec 2014 22:03:28 GMT
DOW milestone closes
Tue, 23 Dec 2014 20:35:00 GMT
Dow Jones Industrial Average Tops 18,000
Tue, 23 Dec 2014 15:07:00 GMT
Dow breaks 18,000
Tue, 23 Dec 2014 14:31:00 GMT
Maybank launches Malaysia’s first Visa payWave payment option using Micro Tag
Mon, 22 Dec 2014 10:04:58 GMT
noodls – Maybank launches Malaysia's first Visa payWave payment option using Micro Tag – Service linked to Maybank Visa payWave Card Maybank has achieved another first in the Malaysian market with the launch of …
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