Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $230.00 short put and a strike $225.00 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 $230.00 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 $225.00 long put 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 45.1 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
Coinbase accounts hacked as Bitcoin hovers near $50K
Tue, 24 Aug 2021 22:02:09 +0000
Decrypt Editor-in-Chief Dan Roberts joins the Yahoo Finance Live panel to discuss the latest crypto moves.
Here's Why Visa Is One of the Best Long-Term Stocks to Buy
Tue, 24 Aug 2021 14:02:00 +0000
If you're like millions of people, you've already used your Visa (NYSE: V) card today. Visa's network facilitates payments from consumers to merchants and takes a small fee from each transaction. The sheer number of people who use Visa credit cards demonstrates the company's dominance in the market — there are currently 3.6 billion Visa cards in use, which translates into almost half the world's population.
Visa and Ascenda partner on next-gen loyalty and rewards in Asia Pacific
Tue, 24 Aug 2021 07:00:00 +0000
Visa, the world leader in digital payments, today announced a strategic partnership in Asia Pacific with Ascenda, the loyalty technology company. The payments network will be first globally to leverage Ascenda's new Nexus platform, which will enable Visa's partners to adopt a comprehensive new rewards program for their customers.
VISA Buys CryptoPunk NFT For $150,000, Draws Even Bigger Attention To The Marketplace
Mon, 23 Aug 2021 17:39:00 +0000
Payments behemoth Visa Inc. (NYSE: V) acquired a blockchain collectible non-fungible token (NFT) for $150,000 as it makes its first moves in this nascent space. What Happened: According to a Monday announcement, Visa bought CryptoPunk 7610 on Aug 19. The firm's head of crypto, Cuy Sheffield, said that Visa is now “committing to starting to help clients navigate ways that they can participate in the NFT commerce ecosystem.” The company intends to enable not only NFT acquisition but also merchants
Bitcoin hovers around $50K as Paypal launches UK crypto service
Mon, 23 Aug 2021 15:54:37 +0000
Meltem Demirors, CoinShares Chief Strategy Officer, talks Bitcoin hitting a nearly 3-month high, PayPal launching crypto service in UK, and Visa's first NFT purchase.
Related Posts
Also on Market Tamer…
Follow Us on Facebook