Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $212.50 short put and a strike $207.50 long put offers a potential 42.86% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $212.50 by expiration. The full premium credit of $1.50 would be kept by the premium seller. The risk of $3.50 would be incurred if the stock dropped below the $207.50 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 32.55 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
3 No-Brainer Warren Buffett Stocks to Buy This Month
Wed, 20 Apr 2022 11:25:00 +0000
Warren Buffett owns a large number of stocks through his company, Berkshire Hathaway, but while the legendary investor is known for his stock-picking prowess, not every stock in his portfolio is worth a bet. Here are three such no-brainer Buffett stocks to buy right away if you have some idle money to park. Shares of Visa (NYSE: V) came under some pressure after e-commerce giant Amazon threatened to ban payments using Visa cards on its platform in the U.K. starting this year.
Russia reaps reward of domestic payment system after Visa and Mastercard withdraw
Wed, 20 Apr 2022 04:00:16 +0000
Planning highlights risk for western powers that sanctions reorder the international payments landscape
Visa (V) Gains But Lags Market: What You Should Know
Tue, 19 Apr 2022 21:45:09 +0000
Visa (V) closed the most recent trading day at $215.70, moving +1.19% from the previous trading session.
Visa (V) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Tue, 19 Apr 2022 19:01:07 +0000
Visa (V) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Mastercard (MA) Extends Installment Program in Philippines
Tue, 19 Apr 2022 15:16:03 +0000
Mastercard (MA) and Pine Labs launch an installment program in the Philippines so that customers can opt for interest-free installment payments using one's credit card, subject to certain conditions.
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