Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $225.00 short call and a strike $235.00 long call offers a potential 25.79% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $225.00 by expiration. The full premium credit of $2.05 would be kept by the premium seller. The risk of $7.95 would be incurred if the stock rose above the $235.00 long call 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 at 44.6 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
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Wed, 29 Jan 2014 23:13:26 GMT
The New Yorker – On Saadiyat Island, a few miles from downtown Abu Dhabi’s vertiginous skyline, the workers come from all over the subcontinent and Southeast Asia. Most fly in from Bangladesh, Pakistan, or India; others …
Final Glance: Credit Card companies
Wed, 29 Jan 2014 23:04:21 GMT
Final Glance: Credit Card companies
Wed, 29 Jan 2014 23:04:21 GMT
AP – Shares of some top credit card companies were down at the close of trading: American Express Co. fell $1.09 or 1.3 percent, to $85.55. Capital One Financial Corp. fell $1.00 or 1.4 percent, to $69.87. …
Target says criminals attacked with credentials stolen from vendor
Wed, 29 Jan 2014 22:55:02 GMT
Target says criminals attacked with credentials stolen from vendor
Wed, 29 Jan 2014 22:53:28 GMT
Reuters – Target Corp said on Wednesday that the cyber criminals who breached its system used credentials they stole from one of the retailer's vendors. “The ongoing forensic investigation has indicated that …
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