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 51.98% return on risk over the next 7 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 $1.71 would be kept by the premium seller. The risk of $3.29 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 36.97 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
Why I'm Not Selling the Stocks That Have Doubled My Money
Thu, 11 Nov 2021 02:26:00 +0000
While logging into my account and seeing gains topping 100% feels pretty good (and creates a strong temptation to claim my profits), I've decided not to sell any of the investments that have earned such generous returns. The investments I made that resulted in more than a 100% return were in companies that I believe in. After my initial investments paid off with great returns, none of these factors changed.
Visa Spending Momentum Index Accelerated in October as Consumer Confidence Rebounded
Wed, 10 Nov 2021 15:00:00 +0000
SAN FRANCISCO, November 10, 2021–Visa (NYSE: V) today announced that the U.S. Spending Momentum Index (SMI) was 110.6 in October (seasonally adjusted), up 2.1 points from September. The SMI’s further increase above 100 signals that even more consumers are spending more than they did a year ago.
It’s Finally Safe To Buy Paysafe Stock Now
Tue, 09 Nov 2021 16:46:22 +0000
Paysafe (NYSE:PSFE) is a leading online payments processing platform. PSFE stock came public via a special purpose acquisition company (SPAC). The firm merged with SPAC Foley Trasimene Acquisition Corp. II in March. Source: Sulastri Sulastri / Shutterstock.com That’s where the trouble started for Paysafe shares. You may recall that the peak of SPAC enthusiasm came this past spring. Indeed, Paysafe — back when it was trading under the Foley Trasimene name — traded up to $19 in February. It seemed
3 Dividend Stocks That Should Pay You the Rest of Your Life
Tue, 09 Nov 2021 14:28:25 +0000
Are you in search of stocks whose dividends could outlast you? Here are three stocks to think about purchasing.
Visa Announces the “Visa Eco Benefits” Sustainability Bundle to Empower Issuers to Meet Climate-Conscious Consumer Demand
Tue, 09 Nov 2021 07:00:00 +0000
SAN FRANCISCO, November 09, 2021–Visa Announces the “Visa Eco Benefits” Sustainability Bundle to Empower Issuers to Meet Climate-Conscious Consumer Demand
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