Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $225.00 short put and a strike $215.00 long put offers a potential 12.61% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $225.00 by expiration. The full premium credit of $1.12 would be kept by the premium seller. The risk of $8.88 would be incurred if the stock dropped below the $215.00 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 61.87 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
Visa Launches its First U.S. Tap to Phone Pilot in Washington D.C. to Support Region’s Black-Owned Small Businesses
Wed, 16 Jun 2021 11:02:00 +0000
WASHINGTON, Jun 16, 2021–After piloting Tap to Phone in more than thirty countries, Visa (NYSE:V) today announced its first Tap to Phone pilot in the United States. Visa is touching down in Washington, D.C., one of the U.S. cities with the highest percentage of Black-owned small businesses (SMBs) to launch Tap to Phone and deliver resources and education via Visa Street Teams as part of Visa’s goal to digitally-enable 50 million SMBs. Washington, D.C. is the first stop on Visa’s six-city SMB re
Visa (V) Stock Sinks As Market Gains: What You Should Know
Mon, 14 Jun 2021 21:45:09 +0000
Visa (V) closed the most recent trading day at $234.08, moving -0.37% from the previous trading session.
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Sun, 13 Jun 2021 20:25:24 +0000
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