Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $262.50 short call and a strike $267.50 long call offers a potential 23.15% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $262.50 by expiration. The full premium credit of $0.94 would be kept by the premium seller. The risk of $4.06 would be incurred if the stock rose above the $267.50 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 51.05 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Unions slam short term mobility visa skilled worker plan
Wed, 07 Jan 2015 03:25:27 GMT
ABC – The nation's peak union body has slammed a plan by the Immigration Department to make it easier for skilled foreign workers to come to Australia. A new paper from the department proposes a short term mobility …
Coming to a shop near you: Chip and PIN cards
Tue, 06 Jan 2015 16:02:26 GMT
Why Are Credit Card Companies Such As Visa And MasterCard No Longer Afraid Of U.S. Gambling Laws?
Tue, 06 Jan 2015 14:45:00 GMT
Down day on Wall Street
Mon, 05 Jan 2015 17:46:00 GMT
Stocks Drop 1% In Rising Volume; Visa Falls 1%
Mon, 05 Jan 2015 15:33:00 GMT
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