Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $245.00 short call and a strike $250.00 long call offers a potential 21.36% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $245.00 by expiration. The full premium credit of $0.88 would be kept by the premium seller. The risk of $4.12 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 51.57 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
3 Dow Stocks to Buy Hand Over Fist in August
Mon, 09 Aug 2021 10:06:00 +0000
For more than 125 years, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) has served as a barometer of Wall Street's health. Although far from perfect, the Dow Jones is comprised of 30 time-tested, multinational companies that have a long track record of making their shareholders richer. As we move into the warm summer days of August, three Dow Jones stocks stand out as particularly attractive.
10 Finance Stocks that Pay Dividends
Sat, 07 Aug 2021 17:11:53 +0000
In this article, we will be looking at 10 finance stocks that pay dividends. To skip our detailed analysis of finance stocks and dividend investing, you can go directly to see the 5 Finance Stocks that Pay Dividends. As the global community continues to battle the COVID-19 pandemic alongside economic recession and communal lockdowns, we […]
Apple, JPMorgan Lead 5 Dow Jones Stocks Near Buy Points
Sat, 07 Aug 2021 12:25:43 +0000
Apple and JPMorgan Chase highlight this weekend's watch list of five Dow Jones stocks near buy points.
10 Cheapest Altcoins Popular on Reddit
Thu, 05 Aug 2021 15:51:34 +0000
In this article, we discuss the 10 cheapest altcoins popular on Reddit. If you want to skip our detailed analysis of these currencies, go directly to the 5 Cheapest Altcoins Popular on Reddit. Merely a few weeks after El Salvador accepted Bitcoin as legal tender, the Latin American nation of Uruguay has also taken a […]
3 Dividend Stocks That Could Double Their Payouts in 5 Years
Thu, 05 Aug 2021 11:05:00 +0000
These hugely profitable businesses have plenty of room to make some aggressive increases to their dividends in the future.
Related Posts
Also on Market Tamer…
Follow Us on Facebook