Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $195.00 short put and a strike $185.00 long put offers a potential 19.76% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $195.00 by expiration. The full premium credit of $1.65 would be kept by the premium seller. The risk of $8.35 would be incurred if the stock dropped below the $185.00 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 44.31 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
Square Smooths Way for Merchants, Grows Ecosystem
Wed, 13 Nov 2013 17:56:00 GMT
TheStreet – Square's changing the game again, this time, by waiving the deposit limit hold on transactions entered manually to help merchants get their money even faster.
MTN Mobile Money users can now pay and buy through Visa
Wed, 13 Nov 2013 10:58:18 GMT
noodls – Johannesburg – MTN and Visa have partnered to offer customers a ground-breaking mobile payment solution which allows MTN Mobile Money users to make face-to-face and online transactions wherever Visa is …
Visa Is An Underrated Growth Stock
Wed, 13 Nov 2013 00:01:49 GMT
Seeking Alpha – Growth stocks are great instruments of investment in a bull market. Investing in a growth stock that are trading at reasonable prices in a bull market provides you with a downside assurance that if the …
3 Reasons to Buy Visa
Tue, 12 Nov 2013 16:51:48 GMT
Motley Fool – Relative to its peers MasterCard and American Express, Visa has a lot going for it that make it worthy of an investment consideration.
Visa Inc. Announces Participation at the UBS Global Technology Conference
Tue, 12 Nov 2013 13:51:21 GMT
noodls – FOSTER CITY, Calif., Nov. 12, 2013 /PRNewswire/ — Visa Inc. (NYSE: V) today announced that Bill Gajda, Global Head of Strategic Partnerships, will deliver a keynote presentation at the UBS Global Technology …
Also on Market Tamer…
Follow Us on Facebook