Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $240.00 short call and a strike $250.00 long call offers a potential 19.47% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $240.00 by expiration. The full premium credit of $1.63 would be kept by the premium seller. The risk of $8.37 would be incurred if the stock rose above the $250.00 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 at 33.17 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
High Institutional Ownership Should Provide Comfort Through Visa Inc.'s (NYSE:V) Pullback
Mon, 23 Aug 2021 09:23:18 +0000
Visa Inc. (NYSE:V) continues pulling back, after retracing over 7% since posting solid Q2 earnings. Despite investor's optimism, the stock has significantly underperformed S&P500 in 2021. In this article, we will examine the current ownership structure to see how it impacts the situation.
Why is OnlyFans letting payment companies lure it away from porn?
Sat, 21 Aug 2021 11:30:26 +0000
OnlyFans has brought in billions of dollars distributing pornography. Now OnlyFans plans to ban all videos featuring “sexually explicit conduct” starting Oct. 1. While the definition of sexually explicit content is still undefined (the company says some nude photos and videos will be allowed), hardcore porn on the platform seems unlikely to survive the new policy.
Is a Stock Market Crash Coming? Here's What the Data Suggests
Sat, 21 Aug 2021 09:51:00 +0000
For the past 17 months, investors have enjoyed a historic rally. Since bottoming out on March 23, 2020, the broad-based S&P 500 (SNPINDEX: ^GSPC) has doubled in value. Although no one knows with any certainty, we can turn to an abundance of data to get a better idea of what might lie ahead for the S&P 500 and your portfolio.
Follow in Buffett's Footsteps by Retaining 3 Payment Stocks
Wed, 18 Aug 2021 13:27:01 +0000
Growing digital payments and e-commerce stand the payment processing stocks in good stead.
Bitcoin down even as crypto industry undergoes a ‘revolution'
Wed, 18 Aug 2021 11:22:44 +0000
Investors worry economic recovery will slow due to a spike in coronavirus cases worldwide.
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