Visa’s most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $227.50 short put and a strike $222.50 long put offers a potential 81.82% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $227.50 by expiration. The full premium credit of $2.25 would be kept by the premium seller. The risk of $2.75 would be incurred if the stock dropped below the $222.50 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 60.11 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
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Fri, 01 Oct 2021 16:25:03 +0000
Affirm founder and CEO Max Levchin chats with Yahoo Finance Live about the company’s plans with a new debit card and crypto trading product.
Is Mastercard a Better Buy Than Visa?
Fri, 01 Oct 2021 10:26:00 +0000
Many investors feel that Mastercard (NYSE: MA) is a better investment than Visa (NYSE: V) simply because it’s a little bit smaller and therefore has more room to grow. Matt Frankel: I would agree with that.
Bitcoin, ethereum rise as Venezuela launches digital currency
Fri, 01 Oct 2021 08:11:04 +0000
The digital bolivar will use an SMS-based exchange system to facilitate payments and transfers between users.
Equifax Hack: 5 Biggest Credit Card Data Breaches
Thu, 30 Sep 2021 16:40:50 +0000
Credit bureau Equifax revealed a giant data breach covering 143 million customers including credit cards.
2 Unstoppable Stocks to Buy and Hold Forever
Thu, 30 Sep 2021 12:00:00 +0000
With that in mind, let’s look into two stocks that can help investors beat the market for many years to come: Abbott Laboratories (NYSE: ABT) and Visa (NYSE: V). Having been a major player in the medical devices space for a long time, the company benefits from a strong reputation. Furthermore, the company’s rich lineup of approved devices is protected by scores of patents and copyrights, which help insulate them from competition.
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