Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 9.41% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $0.86 would be kept by the premium seller. The risk of $9.14 would be incurred if the stock dropped below the $105.00 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 above 80 which suggests that the stock is in overbought territory.
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
Buy credit card stocks?
Wed, 17 Jan 2018 21:23:00 +0000
Andrew Jeffrey, SunTrust Robinson Humphrey, and Moshe Orenbuch, Credit Suisse, discuss buying into credit card stocks as companies innovate their payment systems.
Warren Buffett and Billionaires Are Crazy About These 6 Stocks
Wed, 17 Jan 2018 19:46:36 +0000
Undoubtedly one of the best investors ever, Warren Buffett is followed by everybody in the financial world and his statements are carefully analyzed. There are many reasons for that, but the main one is that Warren Buffett gets his stock picks right (almost) all the time. And he is not the only one. The likes of […]
Visa CEO: We won't process transactions in bitcoin, because it's not a payment system
Wed, 17 Jan 2018 18:45:25 +0000
“We will only process fiat currency-based transactions,” said Visa CEO Alfred Kelly.
American Express Company Stock Is Nothing to Get Excited About
Wed, 17 Jan 2018 18:13:15 +0000
American Express Company (NYSE:AXP) made a bold recovery last year after watching its share price decline for two years straight. The firm was dealt a harsh blow when Costco Wholesale Corporation (NASDAQ:COST) abandoned its partnership with the card in 2015. Although many thought AXP stock wouldn’t be able to come back from that, the company proved them wrong by posting gains of 30% over the course of 2017.
Visa CEO Alfred Kelly weighs in on tax cuts, bitcoin and …
Wed, 17 Jan 2018 16:22:00 +0000
Visa CEO Alfred Kelly speaks with CNBC’s Jon Fortt on tax reform, bitcoin and the global economy.
Related Posts
Also on Market Tamer…
Follow Us on Facebook