Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $205.00 short put and a strike $195.00 long put offers a potential 5.26% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $205.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $9.50 would be incurred if the stock dropped below the $195.00 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 68.37 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
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Wed, 28 May 2014 04:01:00 GMT
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Tue, 27 May 2014 15:18:00 GMT
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Tue, 27 May 2014 13:08:46 GMT
How Russia's Tactics With Visa and MasterCard Almost Spelled Disaster for the Country
Mon, 26 May 2014 11:42:37 GMT
Visa pushes for more access to barely-tapped Ethiopia
Mon, 26 May 2014 11:40:22 GMT
Reuters – Visa Inc., which is piloting Ethiopia's first international debit card, is seeking to persuade the government to ease tight restrictions on banks in an effort to boost the use of electronic payments. Ethiopia has one of Africa's fastest-growing economies but few people in the Horn of Africa nation of 90 million have bank accounts and the range of services is limited. The government bars foreign banks, saying it needs to protect domestic lenders, and local debit cards have until now not worked abroad. Jabu Basopo, Visa's manager for southern and east Africa, said the focus was on persuading leaders of the $43 billion economy that is dominated by state enterprise about the benefits of electronic payments.
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