Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $125.00 short put and a strike $120.00 long put offers a potential 22.85% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $125.00 by expiration. The full premium credit of $0.93 would be kept by the premium seller. The risk of $4.07 would be incurred if the stock dropped below the $120.00 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 69.22 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Forget Penny Stocks, Your Money Is Better Off in These 3 Companies
Sun, 29 Apr 2018 15:58:00 +0000
These three stocks offer a better risk-reward than your average penny stock.
Visa Inc. Raises Full-Year Outlook
Sat, 28 Apr 2018 12:41:00 +0000
CEO Alfred Kelly says the fundamentals of the payments titan's core business remain "robust around the world."
Edited Transcript of V earnings conference call or presentation 25-Apr-18 9:00pm GMT
Fri, 27 Apr 2018 23:50:02 +0000
Q2 2018 Visa Inc Earnings Call
Visa Inc Is Has More Upside
Fri, 27 Apr 2018 15:27:40 +0000
After its two-month ride on a merry-go-round, Visa Inc (NYSE:V) is finally ready to start trending again. Visa’s recent consolidation pattern took on the form of an ascending triangle with $125 proving impenetrable resistance. Given the weakness striking the broader market, V stock has actually held up quite well in recent months.
Stock Market News For Apr 27, 2018
Fri, 27 Apr 2018 14:18:02 +0000
Markets closed higher on Thursday following robust corporate earnings from a number of big companies, including Facebook
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