Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $215.00 short call and a strike $220.00 long call offers a potential 20.19% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $215.00 by expiration. The full premium credit of $0.84 would be kept by the premium seller. The risk of $4.16 would be incurred if the stock rose above the $220.00 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 39.93 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 Is Best Way to Pay and Be Paid: Kapoor
Thu, 02 Oct 2014 07:39:51 GMT
Visa Fends Off Usurpers by Joining Apple in Pay System
Thu, 02 Oct 2014 04:00:07 GMT
SINGAPORE PRESS-Visa to create 185 new technology jobs-Business Times
Thu, 02 Oct 2014 00:32:28 GMT
Board members: Clean your ears, listen to Cramer
Wed, 01 Oct 2014 22:35:16 GMT
Cramer's Mad Dash: Westport worries
Wed, 01 Oct 2014 13:22:00 GMT
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