Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $240.00 short call and a strike $250.00 long call offers a potential 24.84% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $240.00 by expiration. The full premium credit of $1.99 would be kept by the premium seller. The risk of $8.01 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 25.24 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
Follow in Buffett's Footsteps by Retaining 3 Payment Stocks
Wed, 18 Aug 2021 13:27:01 +0000
Growing digital payments and e-commerce stand the payment processing stocks in good stead.
Bitcoin down even as crypto industry undergoes a ‘revolution'
Wed, 18 Aug 2021 11:22:44 +0000
Investors worry economic recovery will slow due to a spike in coronavirus cases worldwide.
Top Stock Reports for Visa, Morgan Stanley & Royal Dutch Shell
Fri, 13 Aug 2021 17:12:05 +0000
Today's Research Daily features new research reports on 16 major stocks, including Visa Inc. (V), Morgan Stanley (MS), and Royal Dutch Shell plc (RDS.A).
Mastercard (MA) Teams Up to Aid Mpamba's Mobile Money Clients
Thu, 12 Aug 2021 13:42:01 +0000
Mastercard (MA) ties up with TNM Mpamba, which has unveiled a Mastercard solution aimed at offering seamless e-commerce transactions for its mobile money wallet users.
3 Dividend-Paying Tech Stocks to Buy in August
Thu, 12 Aug 2021 10:40:00 +0000
Who said technology can't deliver both dividends and growth? Here are three stocks that do just that.
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