Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $210.00 short put and a strike $200.00 long put offers a potential 7.53% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $210.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $9.30 would be incurred if the stock dropped below the $200.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Visa
Ever Try to Pay for Groceries With Your Phone? It's Inconvenient, and That's a Problem
Sun, 29 Dec 2013 17:02:07 GMT
Motley Fool – If companies like PayPal, MasterCard, or Visa ever want to make a dent in Square's mobile payment dominance, they'll have to make the whole experience more convenient. A lot more.
Are You Missing Out on This Incredible 700 Million-Person Growth Opportunity?
Sat, 28 Dec 2013 16:18:05 GMT
Motley Fool – A recent survey from Gallup exposed a huge untapped market composed of 700 million people. Could this sector be poised for decades of double-digit growth?
Swiped: 5 lessons from the Target card breach
Sat, 28 Dec 2013 14:00:00 GMT
CNBC – The theft of 40 million credit and debit card records from Target sure got our attention-and maybe that's good. Here are five lessons learned.
Apple leads record return of cash to shareholders
Sat, 28 Dec 2013 12:00:11 GMT
USA TODAY – Companies are returning value to shareholders at a pace not seen in years.
Final Glance: Credit Card companies
Fri, 27 Dec 2013 22:59:46 GMT
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