Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $215.00 short put and a strike $205.00 long put offers a potential 20.92% 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 $215.00 by expiration. The full premium credit of $1.73 would be kept by the premium seller. The risk of $8.27 would be incurred if the stock dropped below the $205.00 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 63.52 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
Where Stripe’s new mega-valuation places it among payment companies
Mon, 15 Mar 2021 17:49:12 +0000
Stripe’s valuation has more than doubled from a year ago to $95 billion, putting the fintech into the upper echelons of the world’s most valuable payment companies. Despite the highflying fundraising round, age still comes before beauty in the business of digital transactions. At 11 years old, the quickly diversifying Stripe can hardly be called a startup any longer, but it’s still much younger than Visa, the credit card network, and PayPal, which pioneered payments for online commerce, each of which have market capitalizations in the hundreds of billions.
Nearly 10% of the $380 billion in stimulus checks may be used to buy bitcoin and stocks: survey
Mon, 15 Mar 2021 13:10:09 +0000
A new survey out of Mizuho suggests a good portion of stimulus money will be used to buy bitcoin and stocks.
Visa (V) Outpaces Stock Market Gains: What You Should Know
Thu, 11 Mar 2021 22:45:10 +0000
Visa (V) closed at $226.15 in the latest trading session, marking a +1.34% move from the prior day.
Visa's (V) February Payment Volume Suffers Weather Adversity
Thu, 11 Mar 2021 19:35:07 +0000
Visa's (V) U.S payment volume shrinks for the month of February due to weather woes but overall, the business environment remains positive.
Billionaire Steve Cohen’s Top 10 Stock Picks
Thu, 11 Mar 2021 17:55:06 +0000
In this article we take a look at billionaire Steve Cohen’s top 10 stock picks. You can skip our detailed discussion of Cohen’s history, his hedge fund’s performance and go to Billionaire Steve Cohen’s Top 5 Stock Picks. Steve Cohen is an American billionaire and hedge fund manager who founded SAC Capital and Point72 Asset […]
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