Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $215.00 short put and a strike $205.00 long put offers a potential 17.37% 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 $215.00 by expiration. The full premium credit of $1.48 would be kept by the premium seller. The risk of $8.52 would be incurred if the stock dropped below the $205.00 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
Russia's Gazprombank see no sanctions impact on operations
Thu, 17 Jul 2014 10:31:16 GMT
Reuters – Gazprombank, Russia's third largest bank by assets, said on Thursday new U.S. sanctions were not affecting the stability of its operations and finances, and the central bank promised support if needed. The imposition of the new sanctions on Wednesday means Gazprombank and VEB will no longer be able to raise medium- and long-term financing from U.S. institutions. “Sanctions do not have any material impact on Gazprombank's operations and financial standing,” Gazprombank said in a statement.
Visa, MasterCard say new sanctions not affecting Russian operations
Thu, 17 Jul 2014 07:19:31 GMT
Reuters – International payment systems Visa and MasterCard said on Thursday new U.S. sanctions, which targeted Russia's Gazprombank and VEB among other firms, did not affect their operations in Russia. “This sanctions package does not affect Visa operations in Russia, cards are being serviced in a normal way,” a spokesman for Visa said.
Visa Launches PayPal-Like ‘Checkout’ Widget For Third-Party Websites
Wed, 16 Jul 2014 22:18:10 GMT
Visa's latest stab at online payments is all about checking out faster
Wed, 16 Jul 2014 21:13:00 GMT
Visa shows off new online payments service called Checkout
Wed, 16 Jul 2014 20:17:23 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook