Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $210.00 short put and a strike $200.00 long put offers a potential 17.92% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $210.00 by expiration. The full premium credit of $1.52 would be kept by the premium seller. The risk of $8.48 would be incurred if the stock dropped below the $200.00 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 68.56 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Final Glance: Credit Card companies
Fri, 20 Dec 2013 23:03:09 GMT
AP – Shares of some top credit card companies were mixed at the close of trading: American Express Co. rose $1.16 or 1.3 percent, to $87.57. Capital One Financial Corp. rose $1.09 or 1.5 percent, to $74.73. …
Analyzing the American Express Surcharge Settlement
Fri, 20 Dec 2013 21:19:27 GMT
New York Times – Merchants will now have the opportunity to levy surcharges on credit card transactions, but will they use it?
Dow Today: Visa (V) Higher
Fri, 20 Dec 2013 18:00:00 GMT
TheStreet – The Dow component leading the way higher looks to be Visa (NYSE: V ), which is sporting a 51-cent gain (+0.2%) bringing the stock to $216.59.
Early Glance: Credit Card companies
Fri, 20 Dec 2013 15:49:27 GMT
AP – Shares of some top credit card companies are mixed at 10 a.m.: American Express Co. rose $.43 or .5 percent, to $86.84. Capital One Financial Corp. rose $.57 or .8 percent, to $74.21. Discover Financial …
An Easing of Rules on Charges by Amex
Fri, 20 Dec 2013 01:30:55 GMT
New York Times – Agreements with American Express, MasterCard and Visa have cleared the way for vendors to institute what is essentially two-tier pricing for shoppers.
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