Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $200.00 short put and a strike $190.00 long put offers a potential 5.82% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $200.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $9.45 would be incurred if the stock dropped below the $190.00 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 66.62 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Why Visa is the Apple of credit card companies: Fund manager
Wed, 11 Dec 2013 21:54:33 GMT
Talking Numbers – http://d.yimg.com/hd/cnbc2/lotus/1386798526441_416_21yYOwpnn1bf1_1_0.jpg?s=d10cfc17694dd18d922e96ad4aba2dc6&c=27f8de46976d34b169a48e90701d2e4f&a=cnbc2&mr=0
Newscast: Dow sees biggest loss in a month
Wed, 11 Dec 2013 21:31:52 GMT
MarketWatch – The Dow sees its biggest loss since Nov. 7, and Wall Street carries on a long December tradition. Tracy Johnke has the closing numbers.
On The Fly: Closing Wrap
Wed, 11 Dec 2013 21:29:32 GMT
theflyonthewall.com – On The Fly: Closing Wrap
MasterCard, Visa among top S&P gainers; Avon in red
Wed, 11 Dec 2013 21:26:43 GMT
MarketWatch – Shares of MasterCard and Visa are among the strongest performers on the S&P 500 Wednesday while Avon and LabCorp are big laggards.
Why Visa is the Dow's Top Stock Today
Wed, 11 Dec 2013 20:32:20 GMT
Motley Fool – The Dow Jones Industrial Average is struggling today, but Visa is riding MasterCard to an all-time high.
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