Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $120.00 short put and a strike $110.00 long put offers a potential 15.34% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $120.00 by expiration. The full premium credit of $1.33 would be kept by the premium seller. The risk of $8.67 would be incurred if the stock dropped below the $110.00 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 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
Australian tax office to audit 20 million foreign visa holders
Sun, 21 Jan 2018 04:02:05 +0000
The Australian Taxation Office will investigate more than 20 million international visa holders and foreign students using data-matching audits to catch tax avoidance and enforce superannuation compliance, the agency said on Sunday. The three-year data matching audit will cross-reference information from the Australian government's Home Affairs Department with Australian Tax Office (ATO) records. Information on visa holders, foreign students, their sponsors, education providers and migration agents will be reviewed along with address records, travel movements and visa lodgments over financial years from 2017-18 and 2019-20.
Amex has first loss in years, IBM to take hit, GM dodges $1B bullet, SoftBank/Uber transaction wraps up
Fri, 19 Jan 2018 16:03:37 +0000
American Express, IBM, GM and Uber are the companies to watch.
American Express Company Stock — Don’t Leave Your Portfolio Without It
Fri, 19 Jan 2018 16:01:18 +0000
American Express Company (NYSE:AXP) finds itself in growth mode. After losing its exclusivity relationship with Costco Wholesale Corporation (NASDAQ:COST) in 2016, AmEx worked hard to turn around its earnings and has been successful. Despite high levels of growth, however, AXP stock fell in the aftermath of the latest earnings report.
How American Express Makes its Money
Thu, 18 Jan 2018 23:09:00 +0000
Consumers like novelty, reliability, variety, and other subjective qualities. But what really keeps them coming back to American Express is convenience.
Why Visa Inc Stock Is Charged Up Heading Into Earnings
Thu, 18 Jan 2018 15:47:39 +0000
It might sound trite, but Visa Inc (NYSE:V) really is “everywhere you want to be” in 2018. Visa stock had a banner year in 2017, rising more than 47%. But, with rising interest rates and a new tax plan in place, this year could be even bigger for Visa.
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