Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $210.00 short call and a strike $220.00 long call offers a potential 25.16% return on risk over the next 39 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $210.00 by expiration. The full premium credit of $2.01 would be kept by the premium seller. The risk of $7.99 would be incurred if the stock rose above the $220.00 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 31.84 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
3PEA International and Visa Enter into a Prepaid Card Agreement
Tue, 14 Oct 2014 12:49:00 GMT
Business Wire – 3PEA International , a vertically integrated provider of innovative prepaid card programs and processing services for corporate, consumer and government applications, today announced it has entered into an agreement with Visa Inc.
Xoom Corp. (XOOM) Jumps: Stock Adds 5.1% in Session
Tue, 14 Oct 2014 07:14:22 GMT
Investors With Over A$15 Million Targeted in New Australian Visa
Tue, 14 Oct 2014 05:52:34 GMT
Federal Government expands investor, 457 visa schemes
Tue, 14 Oct 2014 04:51:18 GMT
ABC – The Federal Government is expanding the investor visa scheme and making it easier to hire workers on 457 visas. The Significant Investor Visa (SIV) program was established under the previous Labor government …
Stocks plunge; Nasdaq Composite near correction
Mon, 13 Oct 2014 20:08:20 GMT
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