Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $130.00 short put and a strike $120.00 long put offers a potential 5.93% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $130.00 by expiration. The full premium credit of $0.56 would be kept by the premium seller. The risk of $9.44 would be incurred if the stock dropped below the $120.00 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 at 73.31 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
With General Electric Gone, Which Dow Component Will Be Kicked Out Next?
Mon, 16 Jul 2018 11:21:00 +0000
Three Dow stocks could be on the hot seat, but one looks like a sure shot to be shown the door next year.
Is Visa Stock Really a Bulletproof Investment?
Mon, 16 Jul 2018 11:00:39 +0000
Visa's (NYSE:V) stock chart is almost boring to look at. Shares have been steadily climbing for several years now; there are little to no significant downtrends evident in the chart's five-year view. And in 2018 thus far, V stock has gained over 22% — more than four times better than the broader market.
Contactless Technology Powers Fifty Percent of Purchases at 2018 FIFA World Cup Russia™
Fri, 13 Jul 2018 09:00:00 +0000
Visa data shows that international travelers from the United States and Mexico continue to lead in-stadium purchases for foreign spenders at the FIFA World Cup™
World Wrestling Entertainment Stock May Be Overbought, But Don’t Bet Against It
Wed, 11 Jul 2018 22:18:27 +0000
Man, do I wish I was a bigger fan of World Wrestling Entertainment (NYSE:WWE). Of course, that’s no guarantee that I would have caught any of the 265% rally in WWE stock over the past year, but it certainly would have helped.
Cramer flags Mastercard and Visa's 'unbeatable' hedges against China trade fears
Wed, 11 Jul 2018 22:11:00 +0000
Jim Cramer explains why the stocks of Mastercard and Visa have strong safeguards against the brewing U.S.-China trade conflict.
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