Visa's most recent trend suggests a bearish bias. One trading opportunity on Visa is a Bear Call Spread using a strike $235.00 short call and a strike $245.00 long call offers a potential 26.26% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $235.00 by expiration. The full premium credit of $2.08 would be kept by the premium seller. The risk of $7.92 would be incurred if the stock rose above the $245.00 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 70.88 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
How Visa Is Finding New Ways To Grow
Mon, 14 Feb 2022 19:01:00 +0000
Everybody knows Visa (NYSE: V) is a credit card giant, but the company is expanding its business in new ways, including through cryptocurrency and partnering with tech e-commerce companies. In this episode of “Beat and Raise” recorded on Jan. 28, Fool.com contributors Trevor Jennewine and Brian Withers discuss Visa's recent quarter and how the company is innovating with new products. Brian Withers: Hey, Trevor, how did Visa do?
This Is Driving the Rise In Crypto Credit Cards
Mon, 14 Feb 2022 15:00:00 +0000
Visa and Mastercard are among the credit giants with crypto-linked credit cards, what's driving the activity? And could it calm bitcoin's volatility? Watch the video to find out.
My 2 Best Buffett Stocks to Buy and Hold in 2022 (and Beyond)
Mon, 14 Feb 2022 13:05:00 +0000
Warren Buffett is without a doubt one of the greatest stock pickers and business minds of our time. The secret to Buffett's success cannot be summarized in a single sentence, but he once explained his investment philosophy like this: “In business, I look for economic castles protected by unbreachable moats.” Apple (NASDAQ: AAPL) and Visa (NYSE: V) are perfect examples.
Got $1,000? 5 Buffett Stocks to Buy and Hold Forever
Mon, 14 Feb 2022 12:00:00 +0000
Warren Buffett's investing savvy through his holding company Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has made more millionaires than almost every other company in history. For instance, a $1,000 investment made in the stock when Buffett stepped in as CEO in 1965 would now be worth $18 million. The first stock in Berkshire Hathaway's portfolio to buy is the pharma stock AbbVie (NYSE: ABBV), with Berkshire's stake in AbbVie currently valued at $2 billion.
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.
Also on Market Tamer…
Follow Us on Facebook