Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $200.00 short call and a strike $210.00 long call offers a potential 8.23% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $200.00 by expiration. The full premium credit of $0.76 would be kept by the premium seller. The risk of $9.24 would be incurred if the stock rose above the $210.00 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Visa
Visa, MasterCard and the Power of Plastic
Wed, 06 Nov 2013 16:27:00 GMT
TheStreet – American Express reported 2013 operating earnings per share of $1.25, comfortably surpassing both the consensus estimate of $1.22 and the year-ago quarter's $1.09 a share. Global card spending bolstered the company's net income from operations by 9% year over year to $1.37 billion, from $1.25 billion in the third quarter of last year. American Express registered 6% growth on the top line as due to strong growth in card spending, gains in net interest income and the loan portfolio portfolio. Total expenses increased 5% year over year to $5.81 billion in the reported quarter as expense related to the company's famed card member rewards program rose 8%.
VIP Visas Aimed At Drawing Executives To UK
Wed, 06 Nov 2013 15:39:48 GMT
When's a good time to drop dad's card?
Wed, 06 Nov 2013 13:00:00 GMT
Credit Cards.com – His dad helped him get off to a good credit start by sharing a card with him during college. Now, at 23, it's time to drop dad's card and get his own
Dow Today: Visa (V) Leads The Day Higher, Goldman Sachs Group (GS) Lags
Tue, 05 Nov 2013 21:30:00 GMT
TheStreet – Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. The …
YoungMoney: Lunching out adds up
Tue, 05 Nov 2013 16:46:12 GMT
USA TODAY – Hadley Malcolm looks for cheap eats in one of the most expensive cities in the U.S.
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