Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $195.00 short put and a strike $185.00 long put offers a potential 12.61% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $195.00 by expiration. The full premium credit of $1.12 would be kept by the premium seller. The risk of $8.88 would be incurred if the stock dropped below the $185.00 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 above 80 which suggests that the stock is in overbought 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
Visa 4Q profit down 28pc
Wed, 30 Oct 2013 22:48:08 GMT
AAP – Visa Inc.'s fourth-quarter profit fell 28 per cent as it set aside more money for taxes. The world's largest processor of debit and credit card payments says payments on its system rose 13 per cent to …
Visa 4Q profit down 28 pct on large tax provision
Wed, 30 Oct 2013 22:32:30 GMT
AP – Visa Inc.'s fourth-quarter net income fell 28 percent as it set aside money for taxes, and it said it's making its plans based on a slow recovery of the U.S. economy. The world's largest processor of debit …
Visa 4Q profit down 28 pct on large tax provision
Wed, 30 Oct 2013 22:32:00 GMT
Visa profit falls as U.S. consumer spending weakens
Wed, 30 Oct 2013 22:23:35 GMT
Reuters – Visa Inc, the world's largest credit and debit card company, reported a 28 percent fall in quarterly profit due to a higher income tax provision and was slightly pessimistic about its outlook in the face of soft U.S. consumer spending. Visa shares fell 3.1 percent to $197.50 in after-hours trade while those of rival MasterCard Inc fell 1 percent, ahead of its results on Thursday. Visa said it expects constant dollar revenue growth of low double digits and a foreign exchange headwind of 2 percentage points over the next year. Visa also authorized a new $5 billion share buyback program and said it believed the Federal Reserve had a strong case in its appeal against a court ruling limiting the fees banks charge retailers for debit card use.
What Happened to Visa’s Quarterly Profit?
Wed, 30 Oct 2013 21:55:04 GMT
Wall St. Cheat Sheet – Based on Visa's fourth quarter earnings report, stockholders can breath easy — mostly.
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