Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $220.00 short call and a strike $230.00 long call offers a potential 6.61% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $220.00 by expiration. The full premium credit of $0.62 would be kept by the premium seller. The risk of $9.38 would be incurred if the stock rose above the $230.00 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 32.96 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
Stocks little moved, with S&P ending at record high
Thu, 19 Jun 2014 20:26:07 GMT
Justice Department announces settlement with GE Capital Retail Bank
Thu, 19 Jun 2014 17:14:07 GMT
Visa (V) Marked As Today's Roof Leaker Stock
Thu, 19 Jun 2014 15:40:00 GMT
11:25 am Visa under pressure this morning as price drops to fresh June lows under 209
Thu, 19 Jun 2014 15:25:00 GMT
Only Nine Dow Components With Recent Insider Buying, Visa is One of Them
Thu, 19 Jun 2014 15:07:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook