Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $200.00 short put and a strike $190.00 long put offers a potential 12.49% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $200.00 by expiration. The full premium credit of $1.11 would be kept by the premium seller. The risk of $8.89 would be incurred if the stock dropped below the $190.00 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 44.72 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
Discover Financial's profit declines 6 pct. in 1Q
Tue, 22 Apr 2014 22:46:56 GMT
AmEx-Walmart Expand Digital Payments
Tue, 22 Apr 2014 21:00:09 GMT
Monitise To Benefit From Smartphone Growth And Strong Backing
Tue, 22 Apr 2014 16:12:08 GMT
Smartphones ‘Too Slow' For London Transport
Tue, 22 Apr 2014 13:42:19 GMT
5 Reasons You Should Love Visa Inc and MasterCard Inc
Tue, 22 Apr 2014 11:31:56 GMT
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