Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $217.50 short call and a strike $222.50 long call offers a potential 25.94% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $217.50 by expiration. The full premium credit of $1.03 would be kept by the premium seller. The risk of $3.97 would be incurred if the stock rose above the $222.50 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 63.39 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
Stocks Pullback From Record Highs, Apple Confirms ‘Special Event'
Thu, 28 Aug 2014 20:47:00 GMT
[$$] Visa Deserves More Credit
Thu, 28 Aug 2014 18:43:00 GMT
Visa’s biggest risk may be smarter bankers
Thu, 28 Aug 2014 16:07:32 GMT
Visa Falls On Raymond James Downgrade
Thu, 28 Aug 2014 15:30:28 GMT
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