Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $133.00 short put and a strike $128.00 long put offers a potential 6.16% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $133.00 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock dropped below the $128.00 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 64.82 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
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Thu, 07 Jun 2018 23:24:00 +0000
Jim Cramer argues that investors must understand the bond market if they want to keep up in the stock market.
When executives unexpectedly resign
Thu, 07 Jun 2018 23:20:00 +0000
Jim Cramer says investors should sell their stock in a company when its CEO, CFO or other executives quit.
Here's How FIFA's World Cup Sponsors Have Performed on the Stock Market
Thu, 07 Jun 2018 22:09:10 +0000
The 2018 FIFA World Cup in Russia is less than a week away, with the first game between the host country and Saudi Arabia scheduled to kick off at 11 a.m. ET on Thursday, June 14 on Fox (FOXA). Now that World Cup fever has started to truly set in, let's take a look at how some of the biggest FIFA and World Cup sponsors have performed.
Is Visa Inc. a Buy?
Thu, 07 Jun 2018 12:45:00 +0000
The credit card network is trading at a high valuation after a market-crushing run. Is it still a buy for investors at these levels?
Walmart, Visa Resume Lobbying Battle Over Credit-Card Standards
Wed, 06 Jun 2018 23:23:16 +0000
Lobbyists for Walmart Inc. and other retailers are joining forces with companies that process payments in the latest battle over the $90 billion that U.S. merchants pay banks annually to process credit and debit-card charges. Trade groups including the National Retail Federation plan to announce this week that they’ve joined with Washington advocates for companies such as First Data Corp. They want regulators and lawmakers to give more companies a say in setting standards for card security and new payment technologies. “We want a seat at the table,” said Doug Kantor, a lobbyist at Steptoe & Johnson who is leading the new group, called Secure Payments Partnership.
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