Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $210.00 short call and a strike $220.00 long call offers a potential 8.34% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $210.00 by expiration. The full premium credit of $0.77 would be kept by the premium seller. The risk of $9.23 would be incurred if the stock rose above the $220.00 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 50.08 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Target improving data security
Tue, 29 Apr 2014 17:04:00 GMT
CNBC – Target is making good on its promise to improve its data security, reports CNBC's Mary Thompson.
Visa: A Wonderful Business At A Fair Price
Tue, 29 Apr 2014 16:58:50 GMT
Target to reissue cards as MasterCard chip-and-pin
Tue, 29 Apr 2014 16:29:40 GMT
Correction likely caused by macro event: Pro
Tue, 29 Apr 2014 14:03:00 GMT
Visa says suspending services to sanctioned Russian banks
Tue, 29 Apr 2014 10:55:53 GMT
Reuters – U.S. payment-card firm Visa said on Tuesday it would suspend network services to Russian banks SMP and InvestCapitalbank, which were sanctioned on Monday by the United States, in order to comply with U.S. law. “We regret any disruptions that the institutions, their cardholders or merchants may experience,” Visa said in a statement. “All of Visa's systems are processing normally, and we continue to service our other unaffected Russian clients.” Rival MasterCard Inc said on Monday it would suspend services in the near future to cards issued by SMP bank and InvestCapitalbank.
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