Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $252.50 short call and a strike $257.50 long call offers a potential 11.61% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $252.50 by expiration. The full premium credit of $0.52 would be kept by the premium seller. The risk of $4.48 would be incurred if the stock rose above the $257.50 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 above 80 which suggests that the stock is in overbought territory.
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
Ford, UPS and Visa want net neutrality, but they won't tell you that
Sun, 16 Nov 2014 03:29:00 GMT
Berkshire Likes Express Scripts–and So Do We
Fri, 14 Nov 2014 22:17:00 GMT
Visa (V) Stock Up Today After Price Target Raised by Pacific Crest
Fri, 14 Nov 2014 14:09:00 GMT
New visa rules expected to boost U.S.-China tourism, investment
Fri, 14 Nov 2014 02:14:00 GMT
Mastercard and Visa to kill off password authentication
Thu, 13 Nov 2014 12:22:18 GMT
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