Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $210.00 short call and a strike $220.00 long call offers a potential 5.49% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $210.00 by expiration. The full premium credit of $0.52 would be kept by the premium seller. The risk of $9.48 would be incurred if the stock rose above the $220.00 long call 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 down which suggests that the medium-term momentum for Visa is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold 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
Stocks close lower; Dow logs longest losing streak since late September
Tue, 03 Dec 2013 21:38:12 GMT
CNBC – U.S. stocks pulled lower on Tuesday as Wall Street considers when the Federal Reserve will cut stimulus.
Is This Blue-Chip Dominator On Its Way To $1,000 A Share?
Tue, 03 Dec 2013 19:00:00 GMT
StreetAuthority Network – Newport, R.I., is the small seaside town where the titans of industry such as John Rockefeller, J.P. Morgan and Andrew Carnegie used their great wealth to build castlelike vacation homes during
Visa Hits All-Time High
Tue, 03 Dec 2013 17:24:22 GMT
Zacks – Riding on a steady growth momentum, the shares of Visa Inc. (V) reached its all-time high at $205.13 on Dec 2.
For the Holidays, Forget Retail Stocks
Tue, 03 Dec 2013 15:40:00 GMT
TheStreet – Picking the real winner this holiday shopping season is easier, and much more obvious, than it may seem.
The Bank of Moscow, S7 Airlines and the Visa global payment system present a co-branded card
Tue, 03 Dec 2013 14:22:16 GMT
noodls – The Bank of Moscow, S7 Airlines and the Visa global payment system present a co-branded card Published 02.12.13 The Bank of Moscow together with S7 Airlines and the Visa global payment system have launched …
Related Posts
Also on Market Tamer…
Follow Us on Facebook