Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $205.00 short put and a strike $195.00 long put offers a potential 16.01% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $205.00 by expiration. The full premium credit of $1.38 would be kept by the premium seller. The risk of $8.62 would be incurred if the stock dropped below the $195.00 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 57.97 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
IPO Stock Watch: China's JD.com Prices High At 19
Thu, 22 May 2014 00:40:00 GMT
1 Way Visa Has Beaten MasterCard
Wed, 21 May 2014 18:05:56 GMT
Russia hints at compromise as Visa threatens to quit
Wed, 21 May 2014 15:52:22 GMT
Google Tops Apple as Most Valuable Brand in the World
Wed, 21 May 2014 15:00:06 GMT
A huge overhaul may be coming to Apple's retail stores
Wed, 21 May 2014 14:35:18 GMT
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