Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $205.00 short call and a strike $210.00 long call offers a potential 25.31% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $205.00 by expiration. The full premium credit of $1.01 would be kept by the premium seller. The risk of $3.99 would be incurred if the stock rose above the $210.00 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 at 22.82 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Visa Inc. Announces General Counsel Succession Plan; Creates New Vice Chairman Role for Risk and Public Policy
Thu, 10 Apr 2014 23:57:00 GMT
Business Wire – Visa Inc. today announced that Kelly Mahon Tullier will join the company as Executive Vice President and Deputy General Counsel, effective June 16. She will also serve as a member of the company’s Executive Committee.
Visa's Prom Spending Numbers Show Double Digit Decline
Thu, 10 Apr 2014 19:22:00 GMT
Prom spending falls, but West still spends the most
Wed, 09 Apr 2014 16:31:00 GMT
Visa and MasterCard May Have Just Opened the Floodgates to Competition
Wed, 09 Apr 2014 11:15:58 GMT
Visa Loses ‘World's Top Debit Card' Ranking To China
Tue, 08 Apr 2014 18:15:00 GMT
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