Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $247.50 short put and a strike $242.50 long put offers a potential 51.52% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $247.50 by expiration. The full premium credit of $1.70 would be kept by the premium seller. The risk of $3.30 would be incurred if the stock dropped below the $242.50 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 65.25 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
Singapore Fintech Startup Nium Tops $1 Billion Valuation
Tue, 27 Jul 2021 04:22:43 +0000
(Bloomberg) — Singapore’s Nium Pte, a payments startup serving businesses, became a rare fintech unicorn in the city-state after raising more than $200 million in fresh funding.The company said Tuesday its value topped $1 billion after a Series D round led by Menlo Park, California-based Riverwood Capital LLC. Other backers included Temasek Holdings Pte, Visa Inc., Vertex Ventures, Beacon Venture Capital and Rocket Capital. Singapore’s sovereign wealth fund GIC Pte also joined the round, accord
Dow Jones Breaks 35,100 With Apple, Visa, Microsoft Earnings Coming
Mon, 26 Jul 2021 19:32:33 +0000
A third of the Dow Jones Industrial's companies are set to report earnings this week, including two tech heavyweights and a global payments giant.
Is a Surprise Coming for Visa (V) This Earnings Season?
Mon, 26 Jul 2021 14:18:02 +0000
Visa (V) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
5 Corporate Bigwigs to Buy Ahead of Earnings Results Tomorrow
Mon, 26 Jul 2021 10:51:10 +0000
We have narrowed down our search to five corporate giants that are slated to release earnings results tomorrow. These are: AMD, MMM, V, SBUX and MDLZ.
5 No-Brainer Stocks to Invest $500 In Right Now
Mon, 26 Jul 2021 09:51:00 +0000
Despite there being numerous ways to build wealth, few pathways can offer the financial independence that can be achieved by putting your money to work in the stock market. Since 1980, the broad-based S&P 500 has navigated its way through four significant bear markets, yet has delivered an average annual total return, including dividends paid, of 11% per year. If bargain-hunting growth stocks is your thing, you're going to love biotech stock Exelixis (NASDAQ: EXEL).
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