Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $255.00 short put and a strike $250.00 long put offers a potential 26.9% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $255.00 by expiration. The full premium credit of $1.06 would be kept by the premium seller. The risk of $3.94 would be incurred if the stock dropped below the $250.00 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 66.44 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Chaos grips U.K. stores at Black Friday sales
Fri, 28 Nov 2014 18:57:27 GMT
European Mobile Payments Firm Klarna Targets The U.S.
Fri, 28 Nov 2014 17:08:00 GMT
VISA INC. Financials
Thu, 27 Nov 2014 18:04:26 GMT
Black Friday finally takes place for Mastercard & Visa
Thu, 27 Nov 2014 12:53:59 GMT
India launches e-visa facility for 43 countries
Thu, 27 Nov 2014 12:52:14 GMT
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