Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $210.00 short put and a strike $205.00 long put offers a potential 20.48% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $210.00 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $4.15 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 at 42.4 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
EBay's PayPal plan is first major salvo in payment wars
Wed, 01 Oct 2014 00:02:49 GMT
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Tue, 30 Sep 2014 21:05:00 GMT
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Tue, 30 Sep 2014 11:45:31 GMT
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Mon, 29 Sep 2014 17:03:00 GMT
Visa: Apple Pay will pave the way for more mobile wallets that people can actually use
Sat, 27 Sep 2014 15:30:06 GMT
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