Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $215.00 short call and a strike $225.00 long call offers a potential 10.38% 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 $215.00 by expiration. The full premium credit of $0.94 would be kept by the premium seller. The risk of $9.06 would be incurred if the stock rose above the $225.00 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 37.48 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Why Travelers, Visa, and IBM Missed the Dow's Record Run This Week
Sat, 21 Jun 2014 21:05:56 GMT
Crazy But True: Why Visa Shareholders Don't Really Want a 2.6% Dividend Yield
Fri, 20 Jun 2014 18:06:24 GMT
Visa's Strengths May be Offset by Macro Headwinds
Fri, 20 Jun 2014 17:40:05 GMT
MasterCard, Visa Face Relaxed Regulations in Russia for Now
Fri, 20 Jun 2014 16:30:11 GMT
Stocks little moved, with S&P ending at record high
Thu, 19 Jun 2014 20:26:07 GMT
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