Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $215.00 short put and a strike $205.00 long put offers a potential 11.73% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $215.00 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $8.95 would be incurred if the stock dropped below the $205.00 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 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.
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LATEST NEWS for Visa
Retail group says swipe-fee settlement too weak
Fri, 03 Jan 2014 00:56:39 GMT
[$$] Trade Group Appeals Credit-Card Fee Deal
Fri, 03 Jan 2014 00:22:24 GMT
The Wall Street Journal – The National Retail Federation filed an appeal over credit-card fees, seeking to quash a settlement between merchants and Visa Inc. and MasterCard Inc.
Wal-Mart will go down in 2014: Cramer
Thu, 02 Jan 2014 23:45:00 GMT
CNBC – Mad Money host Jim Cramer breaks down the Dow Jones stock by stock going into 2014. Cramer explains why Visa is one of his favorite stocks and why Wal-Mart is the most problematic Dow stock.
Runaway blue chip bull? Cramer's Dow predictions
Thu, 02 Jan 2014 23:43:11 GMT
CNBC – How much further can the Dow advance in 2014? That's the proverbial $64,000 question and one that Jim Cramer is determined to tackle.
Final Glance: Credit Card companies
Thu, 02 Jan 2014 23:03:09 GMT
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