Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $205.00 short put and a strike $195.00 long put offers a potential 22.1% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $205.00 by expiration. The full premium credit of $1.81 would be kept by the premium seller. The risk of $8.19 would be incurred if the stock dropped below the $195.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Visa is bearish and the probability of a decline 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 67.43 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
Voya PARTNERS INC Buys Spotify Technology SA, UiPath Inc, The Trade Desk Inc, Sells Fidelity …
Sat, 18 Dec 2021 04:38:02 +0000
Investment company Voya PARTNERS INC (Current Portfolio) buys Spotify Technology SA, UiPath Inc, The Trade Desk Inc, Afterpay, Block Inc, sells Fidelity National Information Services Inc, Vertex Pharmaceuticals Inc, Mastercard Inc, Visa Inc, Cummins Inc during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Voya PARTNERS INC.
Visa Study Finds Digital Payments Are the Preferred Way in the U.S. to Send Money Abroad
Fri, 17 Dec 2021 12:00:00 +0000
SAN FRANCISCO, December 17, 2021–Consumers are increasingly turning to digital payments to send money to family and friends around the world to help out financially or celebrate special occasions, according to a new Visa (NYSE: V) survey. Almost a quarter (23%) of surveyed U.S. adults have sent money from the U.S. to another country and nearly two-thirds (65%) of those remittance users plan to send money to another country to celebrate the holiday season this year1. The new Visa data highlights
Fidelity Contrafund Buys Shopify Inc, Snap Inc, ServiceNow Inc, Sells Mastercard Inc, Union …
Fri, 17 Dec 2021 05:38:02 +0000
Investment company Fidelity Contrafund (Current Portfolio) buys Shopify Inc, Snap Inc, ServiceNow Inc, Coupang Inc, Align Technology Inc, sells Mastercard Inc, Union Pacific Corp, AbbVie Inc, T-Mobile US Inc, Canadian Pacific Railway during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Fidelity Contrafund.
Mastercard (MA) Gears Up to Extend MDES Platform in Nigeria
Thu, 16 Dec 2021 15:34:03 +0000
Mastercard (MA) teams up with Providus Bank and Thales, via which Nigerian cardholders can avail MA's MDES platform for undertaking contactless payments using a connected device.
Stock Market News for Dec 16, 2021
Thu, 16 Dec 2021 14:51:02 +0000
Wall Street closed sharply higher after Fed raised the tapering of its quantitative easing program and sets the stage for interest rate hike in 2022.
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