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 14.94% return on risk over the next 23 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 $1.30 would be kept by the premium seller. The risk of $8.70 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 at 67.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Wall Street gains on Fed hopes; Amazon.com up after the bell
Thu, 24 Oct 2013 22:24:24 GMT
US STOCKS-Wall St gains on Fed hopes; Amazon.com up after the bell
Thu, 24 Oct 2013 21:36:56 GMT
Reuters – U.S. stocks resumed their upward move on Thursday as economic data underscored views U.S. monetary stimulus will be in place for the foreseeable future and as earnings offered some upbeat news. Shares …
Card Companies Try to Conquer Myanmar
Thu, 24 Oct 2013 21:15:14 GMT
BusinessWeek – Visa and MasterCard sign up banks in a country where cash is king
US STOCKS-Wall St gains on Fed hopes, rise in homebuilder stocks
Thu, 24 Oct 2013 20:51:43 GMT
Reuters – U.S. stocks resumed their upward move on Thursday as economic data underscored views U.S. monetary stimulus will be in place for the foreseeable future and as earnings offered some upbeat news. Shares …
Visa Dividend Is Upped 21% But I'm Not Buying Right Now
Thu, 24 Oct 2013 19:41:12 GMT
Seeking Alpha – Visa ( V ) is a global payments and technology company that connects consumers, financial institutions, and merchants. On July 24, 2013, the company reported fiscal third quarter earnings of $1.88 per …
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