Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $210.00 short put and a strike $200.00 long put offers a potential 19.62% 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 $210.00 by expiration. The full premium credit of $1.64 would be kept by the premium seller. The risk of $8.36 would be incurred if the stock dropped below the $200.00 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 70.51 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Target breach could cost hundreds of millions, probe starts
Fri, 20 Dec 2013 03:03:02 GMT
Target breach could cost hundreds of millions, probe starts
Fri, 20 Dec 2013 02:51:16 GMT
Reuters – The theft of credit and debit card data from 40 million Target Corp customers could end up costing hundreds of millions of dollars, but it is unclear who will bear the expense, lawyers and industry sources said. Target said on Thursday hackers had stolen the data of shoppers who visited its stores during the first three weeks of the holiday season. For the Target breach, that would bring the total cost of the incident to somewhere around $680 million. Target spokeswoman Molly Snyder declined to comment on whether it might bear costs of the breach, or the $680 million estimate.
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Thu, 19 Dec 2013 23:42:03 GMT
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Visa Inc. Names Ellen Richey Chief Legal Officer
Thu, 19 Dec 2013 14:29:11 GMT
noodls – FOSTER CITY, Calif., Dec. 19, 2013 /PRNewswire/ — Visa Inc. (NYSE: V) today announced the appointment of Ellen Richey as Executive Vice President and Chief Legal Officer. Ms. Richey, who currently serves …
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