Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $177.50 short call and a strike $182.50 long call offers a potential 46.2% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $177.50 by expiration. The full premium credit of $1.58 would be kept by the premium seller. The risk of $3.42 would be incurred if the stock rose above the $182.50 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 30.75 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
Exclusive: Fintech firm Revolut to hire 3,500 staff in global push with Visa
Mon, 30 Sep 2019 07:25:20 +0000
British-based digital banking app Revolut is set to hire around 3500 staff as it expands into 24 new markets thanks to a new global deal with payments giant Visa Inc
Revolut Chooses Visa as Lead Issuing Partner to Drive Rapid Global Expansion
Mon, 30 Sep 2019 07:00:00 +0000
SINGAPORE, Sept. 30, 2019 /PRNewswire/ — Visa (NYSE:V) and Revolut, the leading fintech in Europe, today announced a new agreement that will help Revolut expand its business globally. Leveraging Visa's brand, scale and global acceptance footprint, Revolut will be able to bring its product offerings to five new regions, reaching 24 new markets, for a total of 56 markets globally. Under the terms of the agreement, Revolut will primarily issue Visa-branded cards in the global expansion.
Bulls And Bears Of The Week: Apple, Netflix, McDonald's, Visa, More
Sat, 28 Sep 2019 18:40:42 +0000
Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included a payments giant, a leading pharmaceutical and a toymaker. Bearish calls included the iPhone …
New Wells Fargo CEO will again run a West Coast-based company from NYC
Fri, 27 Sep 2019 19:53:49 +0000
Incoming Wells Fargo CEO Charles Scharf will face an old challenge: running a San Francisco-based company from New York City.
NewsBreak: Wall Street Trades at Lows on Talk of China Investment Limits
Fri, 27 Sep 2019 15:24:00 +0000
Investing.com – Stocks were slumping to near-session lows in late trading as investors tried to understand the Trump Administration's thinking on limiting investment dollars from flowing to China.
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