Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $230.00 short call and a strike $235.00 long call offers a potential 66.67% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $230.00 by expiration. The full premium credit of $2.00 would be kept by the premium seller. The risk of $3.00 would be incurred if the stock rose above the $235.00 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 66.79 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
Visa U.S. Spending Momentum Index Shows Omicron’s Impact on Consumer Spending Was Modest in January
Thu, 10 Feb 2022 15:00:00 +0000
SAN FRANCISCO, February 10, 2022–Visa (NYSE: V) today announced that the U.S. Spending Momentum Index (SMI) was 102.4 in January (seasonally adjusted), down from a revised 109.4 in December. The Visa SMI is an economic indicator of the health of consumer spending. When the Visa SMI rises above 100, the consumer spending momentum is strengthening and when it falls below 100, the spending momentum is weakening as fewer consumers are spending more relative to the previous year.
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Thu, 10 Feb 2022 12:58:00 +0000
In this article, we discuss 10 best cryptocurrencies to invest in for beginners in 2022 according to Reddit. If you want to skip our detailed analysis of these currencies, go directly to 5 Best Cryptocurrencies to Invest In For Beginners in 2022 According to Reddit. 2021 was a breakthrough year for “alternative coins”, a term […]
Oakland fintech Marqeta taps Visa’s ranks for C-suite executive
Thu, 10 Feb 2022 03:52:46 +0000
“Having spent the last 10 years at Visa, I had a front-row seat to the rise of Marqeta,” the new CFO said.
Visa Appoints Jennifer Como as Head of Investor Relations
Wed, 09 Feb 2022 21:20:00 +0000
SAN FRANCISCO, February 09, 2022–Visa Inc. (NYSE:V) today announced the appointment of Jennifer Como as Head of Investor Relations. Ms. Como succeeds Mike Milotich who will depart Visa later this month to become chief financial officer of a publicly traded company.
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