Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $80.50 short put and a strike $75.50 long put offers a potential 7.07% 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 $80.50 by expiration. The full premium credit of $0.33 would be kept by the premium seller. The risk of $4.67 would be incurred if the stock dropped below the $75.50 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 72.78 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Square Inc's Best Moves in 2016
Fri, 13 Jan 2017 03:05:00 GMT
Amazon Offers Chase Credit Card Intended for Prime Members
Thu, 12 Jan 2017 13:10:01 GMT
U.S. top court grapples with credit card surcharge law dispute
Tue, 10 Jan 2017 16:35:53 GMT
Reuters – The U.S. Supreme Court on Tuesday struggled over how to decide a challenge to a New York state law barring retailers from imposing surcharges on customers who make purchases with a credit card instead of cash. Merchants have argued that New York's law and similar ones in other states violate retailers' rights to free speech and due process under the U.S. Constitution. The court heard a one-hour argument in an appeal filed by a group of merchants to a 2015 ruling by the New York-based 2nd U.S. Circuit Court of Appeals that upheld the law.
Costco Knows Its Perfect Customer
Tue, 10 Jan 2017 15:23:00 GMT
EMCORE, Opus Bank, Visa and Wal-Mart Stores Holding highlighted as Zacks Bull and Bear of the Day
Mon, 09 Jan 2017 14:30:02 GMT
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